{"id":337552,"date":"2020-02-15T11:07:31","date_gmt":"2020-02-15T05:37:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337552"},"modified":"2020-02-15T11:58:48","modified_gmt":"2020-02-15T06:28:48","slug":"ril-shell-liability-to-government-may-drop-in-pmt-case","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-shell-liability-to-government-may-drop-in-pmt-case\/","title":{"rendered":"RIL, Shell liability to government may drop in PMT case"},"content":{"rendered":"<p>NEW DELHI: Reliance IndustriesNSE 0.91 % (RIL) and partner Shell\u2019s liability to the government may fall in the Panna, Mukta and Tapti (PMT) case after an English court passed an order favouring the two companies on some aspects of the ongoing arbitration proceedings, sources familiar with the development said.<\/p>\n<p>The order is one step \u2014 but not the final one \u2014 toward the conclusion of a decade-old dispute between the government and joint venture partners RIL and Shell (formerly BG Exploration) over the state\u2019s share of income from the PMT fields.<\/p>\n<p>\u201cWe cannot comment as the court processes in various jurisdictions are still ongoing,\u201d a Shell spokesperson told ET.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance IndustriesNSE 0.91 % (RIL) and partner Shell\u2019s liability to the government may fall in the Panna, Mukta and Tapti (PMT) case after an English court passed an order favouring the two companies on some aspects of the ongoing arbitration proceedings, sources familiar with the development said. The order is one step \u2014 but not the final one \u2014 toward the conclusion of a decade-old dispute between the government and joint venture partners RIL and Shell (formerly BG Exploration) over the state\u2019s share of income from the PMT fields. \u201cWe cannot comment as the court processes in various [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-337552","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337552"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337552\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}