Oil ministry appoints one man committee to look into RIL-ONGC dispute

The oil ministry has appointed Ajit Prakash Shah, former chief justice of the Delhi High Court to look into the charges of siphoning of Oil by RIL from ONGC’s block in the Krishna-Godavari basin to RIL’s adjoining reservoir.

Two weeks after US-based consultant DeGolyer and Mac Naughton (D&M) submitted its final report, the oil ministry has appointed Ajit Prakash Shah, former chief justice of the Delhi High Court  to look into the charges of siphoning of Oil by RIL from ONGC’s block in the Krishna-Godavari basin to RIL’s adjoining reservoir.

The commission will  thoroughly investigate the D&M report and will look into legal, financial and contractual provision including those contained in oilfields regulations and development act, petroleum and natural gas rules and concerned production sharing contracts (PSC) and other laws related to oil and petroleum  and recommend action to be taken by the government.