Also, RNRL said, the timing when the government got the revenues would be further delayed.

'In the interests of transparency, and to set the matter at rest, the DGH should publicly disclose the full reports of the CAG, Indian experts, international engineering consultants, and independent auditors, referred to in the statement, including their identity and process of their selection, the terms of reference,' the company said.

'One of the experts appointed by the DGH, P. Gopalakrishnan, by his own admission in his report has not even studied the production sharing contract (PSC) between the government and the contractor.'

It went on to add: 'The DGH's comments on the role of the management committee gloss over the fact that the four-member committee has equal representation from the government and RIL - the conflict of interest is obvious.'

RNRL said that contrary to the DGH's statement that India is a favoured destination for companies to invest in exploration and production business, 'the fact is about 70 percent of India's acreage under all NELPs is held by two domestic companies, of which RIL alone holds 35 percent'.

The RNRL statement said 'the DGH's comments on an 'obsessive and endless public debate' were best avoided, as all comments are being made in the interests of enhancing the government's revenues by potentially up to Rs.30,000 crore'.