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Thursday, July 29, 2021

natural gas price

NATURAL GAS PRICE NEWS

Cabinet approves e-bidding platform for natural gas pricing

October 08, 2020 12:36 am

Experts say that 75-80 per cent of natural gas produced is priced by the government under the administered pricing mechanism.

For April-September: Government raises natural gas price by 6 per cent to $3.07

March 30, 2018 1:15 am

While the increase in price will increase profitability of gas producers, a Care Ratings report notes that the move will increase the manufacturing cost of urea and petrochemicals.

Cheaper gas: why, how, and what’s in it for you

October 02, 2015 1:44 am

India Ratings and Research estimates that ONGC will see its revenues decline by Rs 10.8 billion-11.5 billion, and OIL by Rs 1.2 billion-1.3 billion.

A good low

October 01, 2015 12:22 am

Reduction in natural gas prices is in line with the global trend, affirms move towards market-determined fuel prices.

Govt cuts natural gas prices by 18% to $4.24 per unit

October 01, 2015 2:38 am

The October 1, 2015 to March 31, 2016 rate will be based on average of prices during July 1, 2014 to June 30, 2015.

RIL arbitration on gas pricing can’t be allowed: Centre to SC

April 14, 2015 1:44 am

The matter came up for hearing on Monday before a bench led by Justice Ranjan Gogoi which will examine the matter on May 1 now.

Natural gas price to be cut by 7.6% to $5.18 from April 1

March 19, 2015 3:01 am

The revised price from April 1 is arrived at by applying the Cabinet-approved formula on the select average global prices for the fuel between January and December 2014.

Private oil companies suggest gas price at $5.7-7.4 per unit

January 13, 2015 11:34 am

The Modi govt on October 18 last year came out with a formula based on select global gas indices for the pricing of domestic gas...

OilMin to upstream regulator: Solve block disputes by Nov 30

November 26, 2014 1:08 am

Resolution to boost production by 250 mn barrels of crude a year.

Centre likely to offload 5% ONGC stake by next month

October 21, 2014 2:05 am

The government had last sold 5 per cent stake in ONGC in 2012, raising Rs 14,000 crore.