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Reliance Gas Row

Reliance Petroleum Limited is a subsidiary of Reliance Industries Limited, one of India's largest private sector companies. It has interests in downstream oil business. Reliance has a refinery in Jamnagar with a capacity of 27 million tonnes per year, making it one of the largest refineries in the world. A family agreement was signed in 2005 when the Reliance group split between Mukesh and Anil Ambani. In 2006, Anil filed a case against Mukesh over gas supply from the KG basin. In 2010 and 2013, the Supreme Court ruled in favor of Mukesh Ambani, determining that the family agreement was not legally binding and that the K

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Abhilash Khunger
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102 views7 pages

Reliance Gas Row

Reliance Petroleum Limited is a subsidiary of Reliance Industries Limited, one of India's largest private sector companies. It has interests in downstream oil business. Reliance has a refinery in Jamnagar with a capacity of 27 million tonnes per year, making it one of the largest refineries in the world. A family agreement was signed in 2005 when the Reliance group split between Mukesh and Anil Ambani. In 2006, Anil filed a case against Mukesh over gas supply from the KG basin. In 2010 and 2013, the Supreme Court ruled in favor of Mukesh Ambani, determining that the family agreement was not legally binding and that the K

Uploaded by

Abhilash Khunger
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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About Reliance Petroleum and Gas

Reliance Petroleum Limited (RPL) was set up by Reliance Industries Limited (RIL), one of India's largest private sector companies based in Mumbai. Currently, RPL is subsidiary of RIL, and has interests in the downstream oil business. Jamnagar refinery has a capacity to produce 27 million tonnes per annum. It will be the sixth largest refinery in the world.

Reliance Gas Row


Family agreement signed in 2005 in the presence of their mother Kokilaben when the reliance group split. In 2006 Anil file case against Mukesh over KG basin gas supply.

May 7 2010 SC takes decision in favour of Mukesh Ambani


June 18 2005 a Memorendom of understanding was signed b/w both parties

High court decision


In the favour of Anil Ambani.
HC says mukesh ambani (RIL) to supply 28 million standard cubic meters per day to RNRL @ $2.34/m british thermal units.

Supreme courts decision


In the favour of Mukesh Ambani. Price was subject to approval. The family MoU was not technecally binding, share holders has no idea of the contents of the agreement. KG basin is the property of govt.

MADE BY:
Abhilash Khunger

REFRENCES:

www.google.com www.ril.com http://Reliance gas row\Reliance Petroleum Wikipedia, the free encyclopedia.htm http://Reliance gas row\Reliance Industries wins gas row in Supreme Court.htm

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