Indias Reliance Industries, UK oil giant BP and Canadas Niko have - TopicsExpress

Indias Reliance Industries, UK oil giant BP and Canadas Niko have filed an arbitration notice against the Indian government over gas prices. The firms operate India biggest natural gas field, KG-D6, and had won an approval to nearly double their prices. But the implementation of that move was deferred by Indias election watchdog ahead of the ongoing general elections. The firms said the delay in increasing the prices was impacting their plans to develop the field. bbc/news/business-27369477?OCID=fbbbcindia

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