Facing allegations of approving Reliance Industries’ inflated gas field costs that could hurt government revenue, oil regulator, the Directorate General of Hydrocarbons (DGH), today launched an advertisement campaign, saying the exchequer would get $16.57 billion, compared to $9.5 billion for the company.
DGH, through full-page advertisements, said the capital expenditure at RIL’s KG-D6 field had gone up from $2.47 billion to $8.8 billion due to a three-fold rise in plant capacity, doubling of output, 16 additional wells and a host of other facilities.