gas Pricing Formula

Revised Gas Pricing Formula To Aid Demand, Profit Stability For Producers: Fitch

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[ad_1] The government’s decision to limit prices of domestic natural gas from legacy fields to between USD 4-6.5 per million British Thermal Unit (mmbtu) will support margins for city gas distributors, encourage the use of gas, and reduce cash flow volatility for upstream producers, Fitch Ratings said on Wednesday. “We expect a partial pass-through of … Read more

CNG, Piped Cooking Gas to Cost 10% Less As Centre Revises Gas Pricing Formula

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[ad_1] The Union Cabinet approved a new formula for determining the price of natural gas, and placed a cap or ceiling price to decrease the prices of CNG and piped cooking gas by as much as 10 per cent. Announcing the changes, Union I&B Miniser Anurag Thakur at a Cabinet brifeing said, natural gas produced from legacy … Read more