RIL gas pricing to be resolved in a month: Deora

New Delhi, July 12 (UNI) Petroleum Minister Murli Deora today said the issue of RIL gas pricing, to be produced from its KG basin block, will be resolved within a month's time.

''The decision is likely to come up in a month's time and it will be equally applicable to all producers,'' Mr Deora told reporters here.

Meanwhile, a meeting of the Energy Coordination Committee (ECC), headed by Prime Minister Manmohan Singh scheduled for today was postponed and is likely to meet again on July 20.

The Committee of Secretaries (CoS) is yet to finalise and submit its report on the issue of availability and pricing of natural gas.

The issue of natural gas pricing has turned into a war of words between RIL's Mukesh Ambani and Reliance Energy Ltd headed by his younger brother, Anil Ambani.

The state-run Oil and Natural Gas Corporation (ONGC) has also advocated an administered price regime, a view that is shared by a senior member of the Planning Commission also who wants the Government to play a role in the pricing formula.

UNI