ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Union Cabinet approves revised domestic gas pricing guidelines

Union Cabinet chaired by Prime Minister Narendra Modi on Thursday gave its approval to the revised domestic gas pricing guidelines.

ANI Apr 06, 2023 21:27 IST googleads

Information and Broadcasting Minister Anurag Thakur (Photo/ANI)

New Delhi [India], April 6 (ANI): In a significant decision, the Union Cabinet on Wednesday approved revised domestic gas pricing guidelines and the price of natural gas will be 10 per cent of the monthly average of the Indian crude basket.
Addressing a press conference after a meeting of the union cabinet, Information and Broadcasting Minister Anurag Thakur said there will be monthly notification to ensure stable pricing in regime and provide adequate protection to producers from adverse market fluctuation.
He said the guidelines will ensure a stable pricing regime for domestic gas consumers, provide adequate protection to producers from adverse market fluctuation and provide incentives for enhancing production.
The guidelines will be applicable to the gas produced from nomination fields of ONGC/OIL, new exploration license policy blocks (NELP) and pre-NELP blocks.
The new guidelines will come into force from Saturday. (ANI)

Get the App

What to Read Next

Politics

Congress' Muraleedharan says LPG shortage "affecting families"

Congress' Muraleedharan says LPG shortage

"Most of the hotels are closed. Even in the few that are open, we are not getting proper food. This situation is affecting families as well. Therefore, we request the Central Government to intervene in this matter and take strong action to ensure the supply of LPG gas," Muraleedharan told reporters in Thiruvananthapuram.

Read More
Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
General News

FCI workers' demands raised before Labour Authority

FCI workers' demands raised before Labour Authority

The ongoing dispute between the management of the Food Corporation of India (FCI) and its sole recognised union, Bhartiya Khadya Nigam Karamchari Sangh (BKNKS), was taken up for conciliation on Thursday before the Deputy Chief Labour Commissioner (Central) in New Delhi.

Read More
General News

Tamil Nadu CM Stalin urges citizens' support to tackle LPG crisis

Tamil Nadu CM Stalin urges citizens' support to tackle LPG crisis

In a post on X, Stalin stated that he had written to Prime Minister Narendra Modi and the relevant Union Ministers regarding the issue. He added that the state government held a consultation meeting yesterday under the leadership of R Sakkarapani to discuss strategies for addressing the gas shortage.

Read More
General News

Dehradun DM holds meeting to review availability of LPG

Dehradun DM holds meeting to review availability of LPG

The District Magistrate instructed that, in accordance with the guidelines of the Government of India, first priority in LPG distribution should be given to domestic consumers so that the general public does not face any inconvenience. He also directed that home delivery of domestic LPG cylinders should be ensured through an OTP-based system

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.