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
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