Think you know all about the former Chief Justice of India, whom the Modi government nominated to the Rajya Sabha?
After a long wait for government approval, Reliance Industries (RIL) is to begin work on development of four satellite fields -- D-2, D-6, D-19 and D-22 -- in India's largest gas field, block D6 in the Krishna-Godavari basin, or KG-D6.
If India top or finish fourth in the 10-team table, then they will play in the first semi-final at Old Trafford on July 9. In the scenario of India finishing second or third in the points table, they will feature in the second semi-final at Edgbaston on July 11.
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The five discoveries -- D4, D7, D8, D16 and D23 - hold 0.805 trillion cubic feet of reserves, or about one-fourth of the restated reserves in the currently producing Dhirubhai-1 and 3 (D1&D3) fields in KG-D6 block, and are worth $10 billion.
RIL may go to arbitration which may lead to further delay in production and extra cost associated with the arbitration.
The Oil Ministry is seeking Cabinet nod to allow Reliance Industries to retain three gas discoveries worth $1.45 billion in the eastern offshore KG-D6 block even after expiry of timelines.
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