Petroleum Minister M.Veerappa Moily says,he is confident of resolving the issue of securing 135 million dollars in bank guarantees from Reliance Industries within a fortnight to enable the company to charge higher gas price from April 1. He was speaking to reporters in Mumbai today.According to the ministry, while the proposed bank guarantee will secure the government's interests, the higher pricing of the gas will protect the interests of the RIL. The bank guarantee is being sought as the government feels that the steep fall in Krishna Godavari (KG)-D6 gas output is not because of geological reasons, as is being claimed by RIL.Moily met investors, financial institutions and analysts in Mumbai ahead of the forthcoming New Exploration Licensing Policy (NELP) Round X auctions beginning mid-January. He said unlike the flurry of negative news regarding the issues between the government and RIL, the only major issue is the arbitration settlement, which is pending with the courts now. The ministry had recently asked RIL to provide a bank guarantee of 135 million dollars every quarter to get a higher price for natural gas from April 1.