Press Esc to close
Thursday 31 July 2014
News updated at 2:43 AM IST
Weather
Max: 28.4°C
Min : 20°C
In Bangalore
Generally cloudy

Cong seeks Modi's reply on dubious gas deal

New Delhi, Dec 3, 2012, DHNS: :

Gujarat Chief Minister Narendra Modi has landed in trouble, with the Congress demanding a “responsible” clarification on a recent media report on his government entering into a “scandalous” contract with a “dubious” company for a gas exploration project.

GeoGlobal

The BJP government in Gujarat allegedly inked a deal in 2003 with GeoGlobal, a Barbados-based company with a capital of just $ 64, even as it did not pay a single cent for its stake in an expansive gas field at the Krishna-Godavari basin that the state government had won through bidding.


An Indian company, Jubiliant Enpro Private Limited, was also a partner in the deal.
Moreover, the 10 per cent share to the cost of exploration of the company, owned by one Jean Paul Roy, was allegedly borne by the Gujarat State Petroleum Corporation (GSPC), a public sector unit.

Go to Top

Photo Gallery
Villagers console each other as they watch a rescue operation at the site of a landslide in Malin...

Villagers console each other as they watch a rescue operation at the site of a landslide in Malin...

Barack Obama smiles as he talks about the economy at the Uptown Theater in Kansas City...

Barack Obama smiles as he talks about the economy at the Uptown Theater in Kansas City...

Rescue workers clear the debris at the site of a landslide in Malin village...

Rescue workers clear the debris at the site of a landslide in Malin village...

Palestinian man reacts next to the body of his relative...

Palestinian man reacts next to the body of his relative...

Palestinian boy comforts his father, whom medics said was wounded by Israeli shelling in Shejaia...

Palestinian boy comforts his father, whom medics said was wounded by Israeli shelling in Shejaia...

England's Whitlock competes in men's All-Around Artistic Gymnastics at 2014 Commonwealth Games...

England's Whitlock competes in men's All-Around Artistic Gymnastics at 2014 Commonwealth Games...

England's Stuart Broad celebrates with his teammates after running out India's Murali Vijay...

England's Stuart Broad celebrates with his teammates after running out India's Murali Vijay...

The debris of a hillock after a landslide triggered by heavy rains at Malin village in Pune ...

The debris of a hillock after a landslide triggered by heavy rains at Malin village in Pune ...

Siddaramaiah at the launch of a drinking water unit in Vidhan Soudha premises in Bengaluru ...

Siddaramaiah at the launch of a drinking water unit in Vidhan Soudha premises in Bengaluru ...

Over forty houses were buried in a landslide triggered by heavy rains at Malin village in Pune ...

Over forty houses were buried in a landslide triggered by heavy rains at Malin village in Pune ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523