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This is an archive article published on July 11, 2013

No plans to reconsider increase in natural gas prices: Veerappa Moily

Moily has clarified that CCEA decision to hike gas prices will not be reconsidered.

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Government is not considering any changes or altering the decision to increase natural gas prices from April 2014,Oil Minister M Veerappa Moily said today. 8220;There is no thinking in the government for any review or reconsideration of the decision of the CCEA8221;,Moily told reporters here.

On Finance Ministry raising queries on cap and RIL being paid lesser price,Moily said they were not opinion of the Finance Ministry but mere media reports that were forwarded.

 

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