(The following press release from Reliance Industries Ltd. was received by
e-mail. It was not confirmed by the sender.)
Mumbai, October 31, 2012
The statements made by IAC in the press conference today are devoid of any
truth or substance whatsoever and are denied.
The deep water exploration project in the KG-D6 basin has deployed the best
technical resources and has been recognized by the oil and gas industry as one
of the very best in its class. This project has added great economic value to
the country and by all accounts is a project of which India can be justly proud.
Irresponsible allegations made by IAC at the behest of vested interests without
basic understanding of the complexities of a project of this nature do not
merit a response.
~ END ~
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