Arbitration looms in $130m PMT gas dispute with GAIL

Vol 10, PW 8 (10 Aug 06) Midstream & Downstream
     

Indian Oil is not the only PSU giving problems to the PMT consortium. GAIL is also proving to be a recurring headache. With GAIL the dispute is over payment of the accumulated difference between the regulated price and the PSC price of PMT gas for a period of nine months....