New Delhi, May 20 -- New Delhi,

Mumbai :

Reliance Industries Ltd (RIL) on Wednesday told the Supreme Court that the Delhi high court wrongly treated the $1.7 billion Krishna-Godavari (KG) Basin gas migration arbitration dispute as a domestic dispute by overlooking the participation of foreign partners BP Exploration and Niko Resources.

In an almost five-hour-long hearing before a bench led by Chief Justice Surya Kant, RIL's lawyer Abhishek Manu Singhvi argued that the conglomerate had not pursued the arbitration alone but had acted only as the operator under the production sharing contract (PSC) on behalf of the entire consortium comprising RIL, BP and Niko.

Singhvi claimed that all investments under the PSC were made by all three par...