Niko Resources Ltd NKRSF

and i quote 51 meeting

[Bigwhiskey]

This price will fall to $6-7 per unit from January under a reworked pricing formula, oil minister Dharmendra Pradhan said, following the agreement between the two companies after negotiations that lasted several months and involved multiple interventions from Prime Minister Narendra Modi, Pradhan and the head of the state of Qatar. "It's no more a buyer-seller relationship. We are now advancing towards a partnership," Pradhan said, referring to the success of the negotiations and the lever key consumers like India have gathered in the global commodity market lately. 

It took 51 meetings for the two companies to agree on a deal that was clinched on November 10, said Prabhat Singh, CEO of Petronet, adding that the fine print of the agreement got settled in the following weeks. "For me, the issue was to communicate it to them that I am not talking about my market, I want to preserve your market here," said Singh on the challenges faced in the negotiations. "The economics will drive the customer and if it drives him to an alternative source or an alternative fuel, fear is you have lost him forever," he said. Singh said that India has been a "very credible buyer" and nobody would like to leave such a customer. 


BUT FOR F-ING 5 YEARS STILL NO DEEP WATER DRILL PRICE 

REALLY STARTING TO hate India