Squandering National Oil Resources

ONGC has discovered huge resources of oil & gas in the G4 structure of KG offshore basin.Rig Drill ship Sagar vijay had drilled well G4-AF to a depth of 4275 Metres and huge quantities of oil & gas were discovered.
The government now is in the procress of handing over this proven field to Reliance Industries Ltd & the produce of this field will be shared by ongc & Reliance on the ratio of 30 \% : 70 \% .
This is handing over the national treasure in a platter to Reliance Industies, many years back the government had handed over Mukta & panna oil field in a similar manner .
ONGC had shared the oil subsidy burden to the tune of more than TWENTY THOUSAND (20,000) Crores when crude oil prices were ruling above 100 $ a barrel.
When all the oil fields are handed over to the private sector, the price of petrol, diesel ,kerosine & LPG Etc will be dictated by the few private companies.

Indian please wake up and prevent handing over our national treasures & resources to the private sector in a platter .