Government stops issuing Reliance-BP penalty notices for KG-D6 gas output shortfall

The government had between 2012 and 2016 disallowed Reliance from recovering the cost of USD 3.02 billion for KG-D6 output lagging targets, but no notice was issued after that even though production has plummeted to a fraction of the projections.

from Energy-Industry-Economic Times http://bit.ly/2WYy1TL