ONGC-RIL dispute: RIL rejects Shah Panel

The company argued that the dispute should be resolved by arbitration.

Reliance Industries has challenged the jurisdiction of a panel examining Oil and Natural Gas Corp's (ONGC) allegations that it pumped out gas from the state-run firm's field, according to reports.

Report says that the company argued that the dispute should be resolved by arbitration. 

It has also challenged oil ministry's decision to intervene in dispute by setting up a committee, headed by Justice AP Shah, says report.

"RIL does not accept in this particular matter that the Government of India can appoint a 'committee', or the government can deal with any issues on the dispute," RIL informed the panel in a letter. 

Reliance's partner Niko Resources has atold the panel and the oil ministry that the government should not intervene in the dispute.