Reliance, partners move SC against setback in $1.7 billion gas dispute with ONGC

  • Posted on May 20, 2025
  • By Business News Today
  • 1 Views
Reliance, partners move SC against setback in $1.7 billion gas dispute with ONGC

Reliance Industries and partners have approached the Supreme Court. This challenges a Delhi High Court decision. The dispute involves $1.729 billion related to gas migration. ONGC accused Reliance of siphoning gas from its fields. The High Court had overturned an arbitration award favoring Reliance. The government had demanded $2.81 billion from the consortium.
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