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Gas Prices
Business  /  Published 21.10.20

Gas pricing at arm’s length

The government has banned natural gas and coal-bed methane (CBM) producers from buying their own produce in the newly notified gas marketing freedom guidelines. The government on October 15 notified ...
By PTI in New Delhi

Business  /  Published 05.10.20

Gas price review call

A review of the gas price formula is necessary as at the current prices it will be very difficult to get investment in production, industry has said. The prices were slashed last week by 25 per cent ...
By Our Special Correspondent in New Delhi

Business  /  Published 01.10.20

Gas prices slashed

A unified tariff proposed by the The Petroleum and Natural Gas Board (PNGRB) in respect of the pipelines forming part of the national gas grid system will encourage more pipelines and boost gas demand...
By Our Special Correspondent in New Delhi

Business  /  Published 14.09.20

Gas producers seek pricing formula review

Domestic gas prices are set to fall significantly from October because of a slump in global prices, raising a question mark on the pricing formula as it challenges the operational viability of oil fir...
By R. Suryamurthy in New Delhi

Business  /  Published 17.08.20

Gas price may fall below $2

Prices of natural gas in India are likely to be cut to $1.9-1.94 — the lowest in more than a decade — from October, denting the revenues of producers such as ONGC who are already incurring...
By PTI in New Delhi

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Business  /  Published 27.06.20

Market rules for gas

The government is moving towards free market pricing of gas with the current administered price mechanism going against the interest of domestic producers.Union oil minister Dharmendra Pradhan on Frid...
By Our Special Correspondent in New Delhi

Business  /  Published 28.07.19

GAIL split first step to trading hub

The government plans to set up a natural gas trading hub after unbundling GAIL India into two separate entities — a marketing and a pipeline company.The oil ministry is expected to move a cabinet no...
By R. Suryamurthy in New Delhi

Business  /  Published 08.04.20

Gas price review call

The domestic gas pricing formula has come under question after the prices were cut by a steep 26 per cent to $2.39 per mBtu for a period of six months beginning April 1.Oil industry sources said the c...
By R. Suryamurthy in New Delhi

Business  /  Published 30.09.19

Gas price cut by over 12%

Domestic natural gas prices were cut by 12.5 per cent to $3.23 per million British thermal unit (mBtu) for the six-month period beginning October 1 from $3.69 at present.This is the first reduction in...
By Our Special Correspondent in New Delhi

Business  /  Published 31.03.20

Move to slash gas rates by 26%

Domestic natural gas prices were cut by a steep 26 per cent, the lowest since the formula-driven pricing was introduced in 2014. The cut will dent the revenues of producers such as ONGC and Oil India,...
By Our Special Correspondent in New Delhi


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