NEW DELHI: Hectic parleys were on among members of the empowered group of ministers (EGoM) on Wednesday to find resolve the dispute over the pricing by Reliance Industries (RIL) for its gas from the Krishna Godavari (KG) basin.
Early indications are that the EGoM may tinker with the formula which could lower the market price marginally. The meeting, which was slated to take place on Thursday, has been postponed.
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Friday, September 7, 2007
EGoM may tweak KG gas pricing formula
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