Exclusive: India claims $30 billion from Reliance Industries, BP for underproduction from gas field, sources say
Core Viewpoint - India is pursuing over $30 billion in compensation from Reliance Industries and BP due to alleged failure to produce gas from offshore fields [1] Group 1 - The arbitration case involves claims that Reliance Industries and BP did not meet production expectations from specific offshore gas fields [1] - The amount sought by India exceeds $30 billion, indicating the significant financial implications for the companies involved [1] - The case highlights ongoing tensions between the Indian government and foreign energy companies regarding resource management and production commitments [1]