Demystifying KG basin gas pricing
As gas from the Krishna Godavari basin gets ready to flow into the Indian economy, what's fueling the complications between the two Ambani brothers is a case of simple pricing mathematics. But if one goes by the falling price of crude oil and natural gas, questions are now being raised if it will put Reliance Industries chairman Mukesh Ambani in a bind. The problem is fixing a price of a commodity like oil and gas is that it fluctuates every minute.
