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Ambani Vs Ambani

VIEWS: 5 PAGES: 13

									Ambani Vs Ambani
   A dispute over the gas




         Presented by,
                         Pabal Aniket
                         Nishit Thakkar
                         Vijay Prajapati
                         Satyajeet kumar
                         Pranit Kumar
               Introduction
What is mean by KG basin?
      Krishna Godavari basin
Discovery of KG basin
       October 2002
Capacity of KG basin
       Around 7 trillion cubic feet of natural
       gas was discovered by Reliance
Area of KG basin
        The basin extends over 28,000 sq km
        on land and 24,000 sq km in shallow
        waters offshore and 18,000 sq km in
        deep water
Production
         Oil production went up from
         0.03 million tonnes to 0.29 million
         tonnes
Products
        It has set up a mini refinery which distil
        about 1500 to 2000 barrels of crude oil
        a day into naphtha, high speed diesel,
        SKO,LSHS
        ONGC produces 44 lakh cubic meters
        of gas daily.
            Background of dispute

 Origin of the dispute
1. Dhirubhai Ambani died
2. MTN negotiation
3. Anil’s helicopter matter
 Role of Kokilaben
 Scenario of the “ family pact”
      Power struggle over gas

 Realiance is the india’s largest business
group.
 According to the experts the family needs
come together to define its principles &
values.
     Power struggle over gas
The current dispute is about the price of
natural gas.
Fight between two brothers should not
matter to the nation.
The government will a huge loss from its
revenue sharing contract with mukesh.
How much should Mr. Anil Ambani’s firm
R.N.R.L. pay RIL for the gas?
The price of us$2.34 was not decided by
two brothers at the dinner table.
                Political Issue

The Director General of Hydro carbons (DGH) has
been accused of allowing RIL to gold plate the
development cost of the gas fields.

The Petroleum ministry has approved a
disproportionate 400 % hike in the project cost of RI
KG D6gas from US$2.4 billion To US$ 9 billion.
 The Petrol minister says the government navaratna
  NTPC must pay an 80 % higher gas price to Reliance
  Industries. Reliance Industries had it self voluntary
  offered to NTPC
 NTPC will suffer a loss up to US$ 6billiion, While RI
  makes super profit of nearly US$ 10 billion with the
  government getting only US$100 billion.
 Senior congress leader R.K. Dhawan has claim on
  RNRL to Power minister shushil kumar Shinde.
 RNRL is using NTPC as a front to achive its
  objective to receive prefential access to gas at a
  subsidized price.
        Strategy of Anil Ambani
Anil Ambani filed plea against RIL along with
 NTPC
He took the help of media
He showed public deficit from it
He provoked shareholders
              Conclusion
 Agreement is agreement
 Public interest
                Quiz
When had held family agreement between
 Ambani brothers?
What is the name of that block where RIL
 explores gas?
What is the price per unit gas in family
 agreement?
THANK YOU.

								
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