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Reliance Rejects Report of $30 Billion Government Claim in KG-D6 Arbitration

Final arguments have ended in the KG-D6 case, with a mid‑2026 award expected as the size of any claim remains sharply disputed.

Overview

  • Reuters and other outlets, citing unnamed sources, report the Centre asked the tribunal for over $30 billion tied to unproduced gas and other costs at the D1 and D3 fields.
  • Reliance says there is no $30 billion claim against it or BP and cites an approximately $247 million government demand that it has disclosed in audited filings.
  • The three-member tribunal has heard the dispute since 2016, and final arguments concluded on November 7, 2025, with a decision anticipated around mid‑2026.
  • Government submissions reported by sources allege mismanagement, including using 18 wells instead of 31 and “unduly aggressive” production that damaged the reservoir.
  • Earlier official notices disallowed $3.02 billion of costs and sought $247 million of additional profit petroleum, and any award can be challenged in Indian courts.