Ambanis should patch up in national interest: PMO

Ambanis should patch up in national interest: PMO

New Delhi: Prime Minister Manmohan Singh is not intervening or mediating in the Ambani brothers’ gas dispute, though he believes that the two top industrialists should patch up in national interest, an official in Prime Minister’s Office said.

The official, who did not want to be named, said that the reports in a section of media were not true that Singh has suggested the two brothers to follow a middle-path to resolve their ongoing dispute over natural gas from Krishna-Godavari basin.

He, however, said that Prime Minister’s known views have been that the two warring brothers should patch up and work together.

“PM’s general approach has been that instead of fighting, they should patch up as both their groups contribute sizeably to India’s economic growth," he said.

Anil Ambani group firm RNRL is fighting a long-running legal battle to secure gas at a committed price of $2.34 per mmBtu in accordance with a family agreement from elder brother Mukesh Ambani-led RIL and their case is coming up for hearing in the Supreme Court on 1 September.