Supreme Court names retired judge to mediate ONGC-RIL gas row

The Supreme Court of India has tapped retired judge Ranjana Desai to facilitate mediation between Oil and Natural Gas Corporation (ONGC) and Reliance Industries Limited (RIL) in their contentious gas dispute. The appointment signals the court's commitment to steering the two energy majors toward an amicable resolution outside the courtroom.

The dispute, which has been a source of friction in India's oil and gas sector for years, centres on operational and commercial disagreements related to gas field development and management. By enlisting Desai's expertise, the Supreme Court aims to leverage the benefits of alternative dispute resolution mechanisms to break the deadlock between the parties.

This mediation initiative builds on the Supreme Court's earlier efforts to encourage both ONGC and RIL to explore out-of-court settlement options. Retired judges are frequently appointed as mediators in high-profile commercial disputes, given their judicial experience and credibility with all stakeholders.

The appointment comes at a time when the Indian energy sector is navigating significant transitions. A negotiated settlement between the two companies could potentially ease operational complexities and allow both to focus on India's broader energy security objectives.

The terms of reference for Desai's mediation are expected to be formally communicated to both parties in due course. The Supreme Court has indicated its willingness to facilitate the process and monitor progress toward a mutually acceptable resolution.