Home / Times of India / Govt loses UK battle against $111m award to RIL-BG in oilfield dispute

Govt loses UK battle against $111m award to RIL-BG in oilfield dispute

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An English commercial court has dismissed the government’s appeal against a $111 million international arbitration award in favour of Reliance Industries Ltd and BG (formerly British Gas, a now Shell subsidiary) in an 11-year-old dispute over recovery of costs for operating the Panna-Mukta and Tapti fields off the Mumbai coast.

from Times of India https://ift.tt/9ZLnj62
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Govt loses UK battle against $111m award to RIL-BG in oilfield dispute Govt loses UK battle against $111m award to RIL-BG in oilfield dispute Reviewed by Aamir on 12:41 PM Rating: 5

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