GREY:NKRSF - Post by User
Comment by
Dell1on Jun 15, 2017 8:45am
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Post# 26365159
RE:Live Now !!!
RE:Live Now !!! The question and answer session starts, and reporters ask the RIL and BP chiefs ask what has changed in India's energy policy landscape to warrant a big investment. Oil and gas prices continue to remain low, and are expected to remain weak going forward too.
Further, production from KG-D6 continues to remain low, even as RIL is involved in arbitration proceedings with ONGC.
BP's Dudley says this investment reflects the confidence the two companies have in the government's energy policy.