India seeks $30 billion from Reliance, BP over KG-D6 gas output as Reliance cites $247 million claimNEW YORK, December 30, 2025, 18:13 ET
India is seeking more than $30 billion in compensation from Reliance Industries and its partner BP in a long-running dispute over offshore gas production, people familiar with the matter said. Reliance said there was no $30 billion claim against it and BP. (https://www.reuters.com/business/energy/india-claims-30-billion-reliance-industries-bp-underproduction-gas-field-sources-2025-12-29/) The stakes are high for one of India’s biggest listed companies and a major foreign investor in its upstream sector. The case is also being closely watched because it tests how India enforces production-sharing contracts used to develop offshore resources. A three-member tribunal has been hearing the dispute since 2016, people familiar with the proceedings said. Final