Reliance Industries Denies $30 Billion Government Claim Over KG-D6 Gas Underproduction
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Reliance Industries Denies $30 Billion Government Claim Over KG-D6 Gas Underproduction

Reliance Industries Limited (RIL) has strongly refuted a media report claiming the Indian government sought $30 billion from RIL and partner BP over alleged underproduction from the KG-D6 gas block. RIL stated the report is factually incorrect and irresponsible, asserting that the actual government claim is approximately $247 million, a figure consistently disclosed in its financial statements. The company emphasized that these matters are sub judice and will be resolved by the judicial system, in which it has full faith.

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