Which three issues regarding natural gas were referred by the president of India to the supreme court of India for opinion and what was the opinion of the supreme court?

The President of India referred three issues regarding natural gas pricing and allocation to the Supreme Court: the validity of the government’s gas pricing policy, the legality of a particular gas allocation to certain entities, and the applicability of the Production Sharing Contract (PSC) terms. The Supreme Court opined that the government had the authority to make policy decisions on gas pricing and allocation, emphasizing the need for a balanced approach that considers both market dynamics and broader public interest. The court upheld the legality of the government’s actions while reinforcing the importance of transparency and fairness in the allocation process.