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Government raises natural gas prices to $8.60/mmBtu
Mint Mumbai
|September 02, 2023
The ministry of petroleum and natural gas has raised the price of natural gas for September to $8.60/ mmBtu (metric million British thermal unit), up from $7.85 in August.
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However, the price for gas from ONGC's and OIL's nomination gas fields is unchanged capped at $6.5 per mmBtu.
"The price of domestic natural gas for the 1-30 September period is notified at $8.60 per mmBtu on gross calorific value basis," according to the notification dated 31 August.
Since April, domestic natural gas prices have been linked to the India crude oil basket and are adjusted monthly.
Cette histoire est tirée de l'édition September 02, 2023 de Mint Mumbai.
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