Suppliers Sue India's Gas Authority For Unpaid Bill

Law360 (February 15, 2007, 12:00 AM EST) -- India’s natural gas distributor will face court to settle an outstanding bill for power supplied to the country’s householders between June 2004 and March 2005.

The state-run Gas Authority of India Ltd (GAIL) is reportedly being sued by the joint operators of the Panna-Mukta and Tapti oil and gas fields, which claim the agency owes $150 million in unpaid invoices.

According to local news agency Press Trust of India, Reliance Industries and British Gas (BG) have filed for arbitration to recover the money, arguing GAIL underpaid...
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