New Delhi, Dec. 27 -- A long-standing financial disagreement between the Indian government and Reliance Industries Limited (RIL) regarding the KG-D6 oil block may reach a conclusion in early 2026. The dispute involves a USD 247 million claim by the government for a higher share of profits from the gas field. This legal process is currently in its final stages within an international arbitration setting.

The issue began when the government decided to block Reliance from recovering some of the money it spent on building infrastructure for the KG-D6 oil block. Under the original New Exploration Licensing Policy (NELP) agreement, companies are allowed to get back all the money they invest in drilling and pipes before they start sharing profi...