Saturday, May 8, 2010

RIL RNRL SC verdict

No panic for RNRL as the only difference post SC verdict is that it will purchase gas from RIL at $4.2/mmbtu instead of $2.34/mmbtu. And the best fallout of the verdict is that ADAG will be compensated in cash for missing out on the gas from D6 by MDAG as that is the basis on which the assets were divided between the brothers.