Reliance Industries opposes uniform marketing margin for natural gas

Dec 09 2012, 12:59 IST
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Reliance Industries has opposed a move to make marketing margin charged by it and other sellers of domestically produced natural gas uniform, while giving gas importers a free hand, saying that it would be a gross discrimination. (Reuters) Reliance Industries has opposed a move to make marketing margin charged by it and other sellers of domestically produced natural gas uniform, while giving gas importers a free hand, saying that it would be a gross discrimination. (Reuters)
SummaryReliance Industries has opposed a move to make marketing margin charged by it and other sellers of domestically produced natural gas uniform, while giving gas importers a free hand, saying that it would be a gross discrimination.

five year period.

RIL said there was no legal basis for the government to regulate marketing margin as it relates to costs and risks associated with marketing of gas beyond the delivery point, where the gas produced from a field is sold.

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