Reliance Industry v Enron case: Reliance Industries Ltd v Enron Oil and Gas India Ltd and Another, Queen's Bench Division (Commercial Court), [2002]1 All ER (Comm) 59, [2002] 1 Lloyd's Rep 645
Article from: OGEL 5 (2003), in Digests for Official Reports & Cases
Summary
In a series of disputes between Reliance Industries Ltd (Reliance) and the Enron Oil and Gas India Ltd (Enron) and Oil and Natural Gas Corporation Ltd. (ONGC), mainly in relation to cash calls made by Enron pursuant to two Production Sharing Contracts (PSCs) and two Joint Operating Agreements (JOAs) relating to oil and gas operation in India's continental shelf, Enron's cash calls were considered to be excessive by the non-operators. The disputes were referred to arbitration. Under the JOAs Enron was designated as operator of the fields and it was to carry out the joint ...