The gas dispute between the Ambani brothers is hurting global investors' confidence in India, says an industry report, urging the government to set priorities for the usage of gas and the pricing to prevail.
The report in a United States-based monthly magazine Energy Tribune says the Indian government owns the natural gas resources at stake in the Ambani dispute.
"The government-set price must prevail to continue to provide an attractive domestic business environment, increase domestic energy supply and strengthen global energy security," Energy Tribune editor-in-chief Michael J Economides said in the report.
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