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Reliance to supply 40% of India's gas, oil!

September 22, 2008

Prasad hoped the verdict would be made in the near future and declined to comment on the course of action should it be delayed.

"Someone will have to take a decision on the gas dispute soon. Otherwise the country will keep losing $20 billion every year on oil imports," he said. Sources close to the company ruled out any possibility of an out-of-court settlement on the issue.

Image: Reliance Industries' refinery at Jamnagar. (Inset) Mukesh and Nita Ambani. | Photograph, courtesy: Business Standard

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