The government will decide on restricting the expenditure that Reliance Industries Ltd (RIL) is allowed to recover from the investments made in the KG-D6 block in the next three-four weeks. The move has been triggered by RIL’s failure to match the projected gas output in the country’s biggest gas field.
Petroleum secretary G C Chaturvedi said the petroleum ministry had sought the law ministry’s opinion (on restricting cost recovery — now at 100 per cent — in proportion to the gas output).