CAG fails to get KG-D6 details from oil ministry

Apr 23 2014, 02:58 IST
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SummaryWith the oil ministry not responding to requests for information on Reliance Industries' KG-D6 block

With the oil ministry not responding to requests for information on Reliance Industries' KG-D6 block, the CAG has written a curt letter to it, reminding of the requisitions pending for months.

CAG, which is conducting an audit of Block KG-DWN-98/3 or KG-D6 for 2008-09 to 2011-12, on March 25 wrote to the ministry with a list of audit requisitions pending for up to 21 months, sources said.

The ministry has not responded to "ambiguity" in fixation of gas price formula/basis for valuation of natural gas, performance of the flagging Dhirubhai-1 and 3 (D1&D3) gas fields in KG-D6 and RIL not completing the committed minimum work programme, they said.

The list includes CAG's request dated July 2, 2012, for information on award of contract for laying of a 1,395-km pipeline by Mukesh Ambani-owned Reliance Gas Transportation Infrastructure for shipping KG-D6 gas from the east coast to west.

Other requisitions incl-ude tripartite pact among gas consumers RGTIL and RIL for sale of KG-D6 gas, marketing margin charged by RIL, report of Goldman Sachs on global oil and gas finding and development cost and information on transportation of gas through RGTIL.

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