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Apr 24, 2014
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RIL, ONGC lock horns over gas transport from KG-D6 block
Reliance IndustriesBSE -0.15 % wants to transport gas from a new field in the KG-D6 block with a pipeline through ONGC's adjoining block, but the state-run firm is reluctant to allow this, giving another twist to their relationship a year after they agreed to look at prospects of sharing infrastructure in the deep-sea region. ONGC had earlier said that using RIL's infrastructure would speed up the development of its own field and cut costs by up to 40%, signaling bright prospects of cooperation between India's top two exploration firms.
Source -
http://economictimes.indiatimes.com
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