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Arbitrations in oil & gas: Enforcement is the biggest problem
Sep 12: Arbitration award enforcement is a strong deterrent to oil & gas investments in India
8The dice seems to be loaded heavily in favour of the government
8Find out more on Cairn Energy's arbitration case and how its biggest worry is not winning the battle but in enforcing the award in India. Also know more why it is confident of enforcement.
8Then again, RIL's battle for enforcement of an arbitration ruling denying the government's claim for payment of $1.53 billion for the alleged siphoning of gas from an adjacent ONGC block is just got tougher after the law ministry has ruled that the award should be challenged.
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