• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
Advertisement
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

Govt Has Claimed $2.81 Bn From Reliance, BP For Allegedly Siphoning ONGC Gas: Minister

OMMCOM NEWS by OMMCOM NEWS
March 16, 2026
in Nation

New Delhi: The government has made a claim of $2.81 billion from Reliance Industries Limited and UK oil giant BP for allegedly siphoning out gas from ONGC’s fields in India’s eastern offshore KG basin, the Parliament was informed on Monday.

“The Government has made a claim of $2.81 billion from Reliance Industries Limited and BP. The matter is presently sub judice before the Supreme Court of India,” Minister of State for Petroleum and Natural Gas Suresh Gopi said in a written answer to a question in the Rajya Sabha.

The minister’s reply came in answer to a question raised by Rajya Sabha member Deepak Prakash, who asked: “Whether it is a fact that the Government has claimed more than $2.00 billion from private companies for alleged gas pilferage/theft from ONGC’s blocks off the eastern coast”

The MP also asked for “complete details thereof with the names of private companies involved and the latest status of payment received from these private companies so far”.

As of March, the Indian government has demanded approximately $2.81 billion (around Rs 25,983 crore) from Reliance Industries Limited (RIL) and its partner BP following a February 2025 Delhi High Court ruling, which set aside a 2018 arbitration award that initially cleared RIL of liability for alleged migration of gas from ONGC fields in the KG basin.

The Ministry of Petroleum and Natural Gas has alleged that between 2004 and 2013-14, RIL’s KG-D6 block drew gas from adjacent ONGC blocks, amounting to an “unjust enrichment” of over $1.55 billion (plus interest).

A division bench of the Delhi High Court on February 14, 2025, ruled in favour of the government, overturning a previous single-judge ruling that favoured RIL, calling the demand “unsustainable”.

Reliance maintains that the gas was “migratory” (naturally moved across boundaries) and that they are not liable for extracting it. The company has challenged the Delhi HC judgment in the Supreme Court.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Uninterrupted CNG And PNG Supply Continuing For Users, No Gas Shortage: Govt

Next Post

LPG Bookings Decline As Consumer Panic Eases, Raids On To Check Hoarding And Black Marketing

Related Posts

Pollution
Nation

Delhi To Bar Non-BS-VI Vehicles From Outside City From Nov 1 As Pollution Curbs Kick In

October 29, 2026
Nation

Chennai To Repair 678 Rain-Damaged Roads Amid Mounting Complaints Of Potholes, Waterlogging

October 29, 2026
Kakinada
Nation

Coast Guard Launches Operation To Rescue Crew Of Stranded Cargo Ship Near Andhra Coast

October 29, 2026
Reshuffles
Nation

MP Govt Transfers 12 IPS Officers, Reshuffles Police Administration

October 29, 2026
Nation

Vigilance Raids Ex-DMK Minister KN Nehru’s Premises In Corruption Case

October 29, 2026
Prime Minister Narendra Modi
Nation

PM Modi Chairs 54th PRAGATI Meeting, Reviews Projects Worth Over Rs 16,000 Crore

October 29, 2026
Next Post

LPG Bookings Decline As Consumer Panic Eases, Raids On To Check Hoarding And Black Marketing

KSCA Receives Government Nod To Host IPL 2026 Games At Chinnaswamy Stadium

UPI Dominated Retail Digital Payments With 81 Pc Share In FY25: Govt

khimji
TPCODL
SAI
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.