Reliance Natural Resources has informed the Supreme Court in a proposal to corner the government from its disagreement with Reliance Industries that the government has no part to play either in the consumption or the fixation of gas cost in its agreement with RIL.

Reliance Natural Resources has come up as a lead earner on the Sensex Oil & Gas index.

Reportedly, Anil Ambani on Wednesday had a discussion with Fertilizer Secretary, who believes family contracts should not override country’s interest.

2.69lakh shares have been traded on BSE in the counter as opposed to a standard everyday volume of 12.40lakh shares in the last single quarter.

4.88lakh shares traded on BSE in the counter. The stock saw a standard everyday volume of 12.40lakh shares in the last single quarter.

Mukesh Ambani-led RIL’s and Anil Ambani-run RNRL’s petitions would be presented to the Supreme Court today regarding the gas argument between the two companies.

Reliance Natural Resources presently trades up on the Sensex after the company issued SLP in Supreme Court.

Reliance Industries Ltd announced yesterday that it could not ink a gas supply contract with previous group company Reliance Natural Resources Ltd as there was no lucidity on government consent for the agreement.

Reliance Natural Resources Ltd is all set to take on the LNG terminal next to the Dabhol power refinery to import LNG cargoes.

Presently, Reliance Natural Resources trades at Rs.103, which is higher by 15.70 points from its last close of Rs.87.30 on the Sensex.