The government today said it has not decided to reconstitute a high-powered ministerial panel on the Krishna Godavari basin gas field owned by Reliance Industries Ltd (RIL).
"No decision has been taken to reconstitute an Empowered Group of Ministers (EGoM) on allotment of gas," Minister of State for Petroleum and Natural Gas Jitin Prasada said in a reply to Lok Sabha here.
An EGoM headed by the then External Affairs Minister Pranab Mukherjee was constituted in 2007 to approve a selling price of RIL's KG-D6 block gas and to prioritise usage of the gas.
Both the tasks have been accomplished and gas is being sold in accordance with that decision. Consumers for close to 43 million standard cubic meters per day of gas from the D6 fields of RIL have already been tied-up and there are no issues regarding delivery of the fuel to the intended customers.
"Current gas production from KG-D6 block is 31 mmscmd and it is being sold as per the EGOM approved price (of) $4.2 per million British thermal unit," Prasada said.
To a separate question, Petroleum Minister Murli Deora said the Government has been made an 'intervener' in the Special Leave Petition (SLP) filed by RIL challenging Bombay High Court order of June 15 that asked the Mukesh Ambani firm to supply gas to Anil Ambani Group firm at price 44 per cent lower than Government approved rates.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
