Search For "gas pricing"
Govt reduces natural gas price for June from USD 8.9/mmBtu to USD 8.44/mmB
Updated : 2 years ago IST
The adjustment follows the new gas pricing mechanism implemented by the government, which sets a floor price of USD 4 per mmBtu and a ceiling price of USD 6.5 per mmBtu for domestic gas.
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Price of domestic natural gas under new formula revised for May
Updated : 3 years, 1 month ago IST
The price of domestic natural gas price has been set at USD 8.27 per mmBtu for the month of May, as against USD 7.92 in April, as per a notification from Petroleum Planning and Analysis Cell (PPAC).
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Revised gas pricing guidelines could cut CNG, domestic PNG prices by 9-11
Updated : 3 years, 2 months ago IST
The price of such natural gas shall be 10 per cent of the monthly average of Indian Crude Basket and shall be notified on a monthly basis.
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Cabinet approves revised domestic gas pricing guidelines, domestic consum
Updated : 3 years, 2 months ago IST
The new guidelines are intended to ensure a stable pricing regime for domestic gas consumers while at the same time providing adequate protection to producers
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Union Cabinet approves revised domestic gas pricing guidelines
Updated : 3 years, 2 months ago IST
Union Cabinet chaired by Prime Minister Narendra Modi on Thursday gave its approval to the revised domestic gas pricing guidelines.
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"Majors interested in 'deepwater India'..." Global Energy Giants eye India
Updated : 3 years, 3 months ago IST
"India's vast energy market holds many attractions. Not just scale and growth, but also a compelling decarbonisation narrative as gas is required to displace coal," the January 2023 report by 'Wood Mackenzie', a global research and consultancy organization stated.
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ONGC starts trading on Indian Gas Exchange
Updated : 4 years ago IST
New Delhi [India], May 23 (ANI): Oil and Natural Gas Corporation (ONGC) on Monday started trading on the Indian Gas Exchange. With this, ONGC has become the first Exploration and Production (E&P) company in India to trade domestic gas on the Indian Gas Exchange.
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Domestic natural gas prices doubled; CNG, cooking gas to get costlier
Updated : 4 years, 2 months ago IST
New Delhi [India], March 31 (ANI): Domestic natural gas prices will be more than doubled to USD 6.10 per million British thermal unit (mmBtu) effective from April 1, 2022, from the current USD 2.90 per mmBtu, Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum and Natura
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Oil and gas sector's fundamentals to remain strong in FY22: Ind-Ra
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 18 (ANI): India Ratings and Research (Ind-Ra) on Thursday maintained a stable outlook for oil and gas sector during FY22, driven by a strong demand revival for petroleum products and continued sound liquidity.
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Adani Total Gas, Torrent Gas become first strategic investors in IGX
Updated : 5 years, 4 months ago IST
New Delhi [India], January 22 (ANI): Adani Total Gas and Torrent Gas -- with stakes in both upstream and downstream hydrocarbon value chain -- have acquired five per cent equity stake each in Indian Gas Exchange (IGX).
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CCEA approves standardised e-bidding process to make natural gas pricing m
Updated : 5 years, 8 months ago IST
New Delhi [India], October 7 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved "natural gas marketing reforms" with the decisions aimed at providing a standard procedure for sale of natural gas in a transparent and competitive manner to discover market price throu
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India exploring ways to reduce long-term gas pricing with Qatar: Dharmend
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 27 (ANI): Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday said that India has been exploring ways to reduce the pricing mechanism of existing long-term gas supply contracts with Qatar.
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