Allow market-based pricing for gas, Reliance Industries urges Rangarajan panel

Nov 15 2012, 06:22 IST
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SummaryRIL currently gets paid $4.2 per mmscmd for the gas it extracts from the offshore KG-D6 fields

end of December.

Seeking new format

* RIL, however, wants pattern of profit sharing mode undisturbed

* PMEAC chief-led panel is looking into design of Production Sharing Contracts in hydrocarbon

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