Reliance Ind told to appoint new arbitrator for KG-D6 dispute
The HinduThe Petroleum and Natural Gas Ministry is understood to have asked Reliance Industries Limited to appoint a new arbitrator for the KG-D6 block dispute with the Ministry, after a disclosure made by current arbitrator Justice D.M. Highly placed sources in the Petroleum and Natural Gas Ministry said the decision was taken after detailed discussions with the Directorate General of Hydrocarbons. I consider it to be my legal obligation to disclose this fact to the parties to the present arbitration in accordance with Section 12 of the Arbitration and Conciliation Act 1956.” Section 12 of the Arbitration and Conciliation Act states that: “an arbitrator may be changed only if circumstances exist that give rise to justifiable doubts as to his independence or impartiality.” Not entitled The government had informed the contractors last May that they were not entitled to recovery of costs incurred for the excess capacity created in block KG-DWN-98/3 and such recovery of costs had to be limited only to the extent of the infrastructure used by them for the production of gas, and accordingly, the costs were inadmissible. Arbitration proceedings However, RIL initiated arbitration proceedings against the Petroleum Ministry’s move after gas production from there registered a massive decline.
History of this topic
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SC lets RIL to hold arbitration in London
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Government to go ahead with arbitration proceedings against RIL in KG D6 block
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Govt rebuts allegations of favouritism towards RIL
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KG-D6 block: Centre moves ahead with appointing arbitrator
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CAG indicts RIL, Oil Ministry for violations on KG D-6 contract
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Supreme Court leaves RIL-NTPC dispute to High Court
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