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Chronicle of a cash for gas tussle

business Updated: Jun 15, 2009 22:42 IST
HT Correspondent

Here is a chronicle of a cash for gas tussle:

1999: RIL-NIKO Resources consortium bags KG-DWN-98-3 also known as KGD6

June 18, 2005: Anil Ambani resigns from RIL

June 5, 2005: RIL board OKs demerger of some ventures

December 9, 2005: Demerger gets High Court sanction.

Jan 12, 2006: RNRL in pact to get 28 mmscmd of gas from KGD6

February-July 2006: RNRL applies to lay pipelines for gas transportation

October 10, 2007: RIL’s market price of $4.20 per mmbtu gets govt approval

Jan 30, 2009: Mumbai HC interim order lifts stay on sale of gas from KGD6