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Govt can take its share of profit from Reliance D6 gas block in kind: CoS

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    • Amitav Ranjan Tags : Posted: Saturday , Jul 21, 2007 at 0045 hrs

    He said that Reliance had agreed to await the government decision on gas pricing, notwithstanding the contractual provision in the production sharing contract (PSC). As per the PSC, the government has to inform Reliance of its intention to take profit gas in kind or cash for the coming year, on or before June 30.

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