Skip to main content

Indian Government appoints arbitrator in KG gas dispute


The government Thursday appointed former Supreme Court Justice G.S. Singhvi as its arbitrator in the arbitration initiated by the consortium of Reliance Industries Ltd (RIL), Niko Ltd and BP on the output from the KG-D6 gas fields in the eastern offshore.
The ministry had in 2012 ordered a penalty of over $1 billion on RIL for failing to produce gas in line with the pre-stated targets. It had blamed the company for deliberately suppressing production by not drilling the required number of wells. RIL has approached for arbitration against the order, saying the fall in output is owing to geological complexities and lower than anticipated reserves. Acknowledging that the issue was under arbitration, Petroleum Minister Dharmendra Pradhan told parliament Monday that a fresh notice had been served on Reliance Industries seeking additional penalty for lower production of gas. Business Standard, New Delhi, July 17


Readers unaware of this major dispute between RIL and the government are referred to [1]. It is clear that the result of the arbitration will have major consequences for India’s economy since the price of natural gas will push  the price of fertiliser and power that will use the gas as feed stock dramatically upwards.



Mundane astrology offers a perspective on what the real issues are in this dispute. We start by looking at the current solar return for India (26 January 1950; 10:15 am, Delhi). Notice the powerful Grand Cross on the horizon and meridian axis. The delineation for the elements are provided by Martha Wescott in her “Orders of Light”.

Hades-Pluto: To hear of criminal activities (Hades) in the world of finance or big business (Pluto).

Kronos-Pluto: Events show that differences of opinion, legalities, rules or attempts to set procedures (Kronos)  are actually power struggles (Pluto).

Neptune-Zeus: Events connected with  the use of gas (Neptune) as  fuel (Zeus).

Kronos-Neptune: Rules and laws (Kronos)  have not been enforced or/and people are thus able to “fool” (Neptune)  the authorities (Kronos).





Progressing the solar return chart to July 17, the date of the news, aligns the Grand Cross with the angles once again. But as we have seen in earlier posts there is never just one indicator for important events. Shown here is chart for the last solar eclipse of April 29 progressed to July 17 which also aligns a Grand Cross with the angles which match the solar return chart. Notice that the stars on the Ascendant are those of the Virgin and Hydra which we saw in previous posts is about battling evil. Once again can all this just be a coincidence? Hardly likely.







[1] 10 things you should know about the Reliance KG-D6 gas deal http://bit.ly/O3Jhuo



Comments