The Economic Times News

Reliance says 'no claim of $30 billion' against co, BP; rejects media report as 'factually incorrect'

Reliance Industries Limited has refuted a media report alleging the government sought $30 billion from the company and BP over KG-D6 gas block underproduction. RIL clarified that the actual government claim is approximately $247 million, a figure consistently disclosed in its financial statements.