Government constitutes expert panel to resolve oil, gas disputes
With disputes choking investments in the oil and gas sector, the government has constituted an expert committee for time-bound resolution of exploration and production disputes without having to resort to tardy judicial process.
The ‘Committee of External Eminent Persons/Experts’ for dispute resolution will comprise former oil secretary GC Chaturvedi, Oil India Ltd former head Bikash C Bora and Hindalco Industries Ltd Managing Director Satish Pai, according to an official notification.
The panel will have a tenure of three years and the resolution will be attempted to be arrived at within 3 months.
