Ambanis’ issue for supply of gas continues in court

by Arvind on November 18, 2009

Mumbai: The Centre on Tuesday said Mukesh Ambani’s RIL was only a contractor for exploration. It was barred from having a private agreement with Anil Ambani’s RNRL for supply of gas that violated the production sharing contract (PSC).

Ambanis’ issue for supply of gas continues in court

“We do not know whether the Ambani brothers have colluded or have fallen apart over the issue of supply of gas by RIL to RNRL. How can two private parties decide about allocation of gas, which is a national resource. We are concerned only about the national interest and will take every step to safeguard it,” said additional solicitor general Mohan Parasaran.

Parasaran further added, “The PSC was signed much before the family agreement and that a private agreement could not override government policy or national interest.”

Jethmalani, the RNRL counsel said: “There is no sovereign right concerning internal resources. No government can exercise sovereign power inside the country. Sovereignty against its citizens is unheard of and debunked by SC.”

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