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Fertilizer firms await revised draft for RIL gas

Fertilizer firms await revised draft for RIL gas
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First Published: Tue, Mar 10 2009. 09 37 PM IST
Updated: Tue, Mar 10 2009. 09 37 PM IST
Mumbai: Fertilizer firms have objected to conditions such as payment in dollars for gas supplies from Reliance Industries Ltd’s (RIL) east-coast fields, but hope to resolve the issues, a lobby group said on Tuesday.
“We are keen to sign the deal. It is good for our industry,” Satish Chander, director general of the Fertilizer Association of India, said.
He was responding to a report in ‘The Times of India’ newspaper that said fertilizer firms had rejected a draft agreement sent by RIL.
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First Published: Tue, Mar 10 2009. 09 37 PM IST