Mukesh Ambani Meets PM

Friday, 25 November 2011, 00:14 IST
Printer Print Email Email

New Delhi: As Oil Ministry looks to disallow some of the expenditure Reliance Industries has made on its flagging KG-D6 gas fields, its Chairman and Managing Director Mukesh Ambani met Prime Minister Manmohan Singh.

It was not immediately known if he had indeed raised the issue which his company says is contrary to signed contract during the meeting which took place in the Parliament House.

The company spokesperson did not immediately respond to calls seeking his comments.

The Petroleum ministry is currently calculating the amount of expenditure they will disallow as punishment for fall in output at KG-D6 fields.

Oil Secretary G C Chaturvedi had on Tuesday stated that the ministry will in 3-4 weeks take action to limit the amount of expenditure Reliance can recoup from its KG-D6 fields.


Source: PTI