Govt seeks $520 million from Cairn Oil Gas; company slaps arbitration notice

Govt seeks $520 million from Cairn Oil Gas; company slaps arbitration notice The Directorate General of Hydrocarbons (DGH), the upstream technical arm of the Ministry of Petroleum and Natural Gas, sought $520 million in additional profit petroleum for the government after an audit of capital and operating expenses incurred on the Mangala and other oilfields in the Rajasthan block RJ-ON-90/1, sources with direct knowledge of the development said.

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