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Govt mulls domestic gas floor price system to protect explorers’ margin

Govt mulls domestic gas floor price system to protect explorers’ margin

🕔19:25, 5.Oct 2020

New Delhi, Oct 5 The government proposes to implement a new floor price mechanism for gas produced from domestic fields by companies such as the Oil and Natural Gas Corporation (ONGC) to prevent the fuel price from crashing below an

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Gazprom to restart 2021 gas price talks with Minsk after Belarus pays off $165.6m debt

Gazprom to restart 2021 gas price talks with Minsk after Belarus pays off $165.6m debt

🕔11:13, 29.May 2020

MINSK, May 29 – PrimePress. Russia’s gas monopolist Gazprom will be ready to negotiate gas supplies to Belarus after 2021 as soon as Minsk has settled a $165.6 million debt, CEO Alexei Miller told reporters on Friday. ”The total amount

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IGL ANNOUNCES REDUCTION IN CNG PRICE

IGL ANNOUNCES REDUCTION IN CNG PRICE

🕔20:35, 2.Oct 2019

Launches new cash back scheme for fueling through IGL Smart Card during offpeak hours at IGL CNG Stations New Delhi, 2nd October 2019: In line with its vision of having customer centric approach, Indraprastha Gas Limited (IGL), the largest CNG distribution company in

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IGL ANNOUNCES REVISION IN CNG PRICES

IGL ANNOUNCES REVISION IN CNG PRICES

🕔20:13, 2.Jul 2019

New Delhi, 2nd July 2019: Consequent upon recent change in transmission tariffs of gas pipeline, Indraprastha Gas Limited (IGL),a joint venture of GAIL (India) Ltd., BPCL and Government of NCT of Delhi today announced revision in the selling prices of Compressed Natural Gas

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Russia sells gas to Ukraine at market price

Russia sells gas to Ukraine at market price

🕔13:16, 29.Jun 2016

Moscow, June 29  Russian Energy Minister Alexander Novak said that the gas price for Ukraine in the third quarter will be based on the formula under a contract signed between the two countries.“According to preliminary estimates, the prices for gas

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IGL not to hike gas prices

IGL not to hike gas prices

🕔12:01, 1.Nov 2014

New Delhi, Nov 1  City gas distributor Indraprastha Gas Ltd (IGL) late Friday said it will not increase prices, although the government had announced a new price for domestic natural gas effective Saturday. “Despite the revision in domestic gas prices

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Gas price: ONGC to profit by over Rs.4000 crore, says chairman

Gas price: ONGC to profit by over Rs.4000 crore, says chairman

🕔10:40, 20.Oct 2014

New Delhi, Oct 20  In a first reaction from the exploration industry to the new natural gas price announced, state-run oil and Natural Gas Corp (ONGC) said the company stood to increase its profits annually by Rs.2,000 crore. “Every $1

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Global factors determine diesel deregulation, gas price

Global factors determine diesel deregulation, gas price

🕔10:36, 20.Oct 2014

New Delhi, Oct 20  The Narendra Modi-led government’s market pricing of diesel and revising the price for domestic natural gas have been determined by international factors that have also cushioned the impact of tough economic decisions. While diesel deregulation has

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Gas price hike deferred due to state elections: Pradhan

Gas price hike deferred due to state elections: Pradhan

🕔11:34, 26.Sep 2014

New Delhi, Sep 26 The cabinet decision to defer an increase in natural gas price till mid-November has been taken in view of next month’s assembly elections in Maharashtra and Haryana, Petroleum Minister Dharmendra Pradhan said. “It was done due

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Cabinet defers gas price decision till mid-November

Cabinet defers gas price decision till mid-November

🕔12:13, 25.Sep 2014

New Delhi Sep 25  The cabinet Wednesday deferred its decision on revising domestic natural gas prices by another 45 days from its earlier month-end deadline, till Nov 15, Law and Telecom Minister Ravi Shankar Prasad said. The government in June

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Gas price review panel submits report

Gas price review panel submits report

🕔08:30, 18.Sep 2014

New Delhi, Sep 18 The four-member Committee of Secretaries (CoS) set up by the government to review the gas-pricing formula has submitted its report to the petroleum ministry. Petroleum minister Dharmendra Pradhan will examine the report before it is placed

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New gas prices by month-end, in consumer interest: Pradhan

New gas prices by month-end, in consumer interest: Pradhan

🕔10:20, 5.Sep 2014

New Delhi, Sep 5 Petroleum Minister Dharmendra Pradhan has said a decision on fixing the price of natural gas will be taken before the month-end and made it clear it will keep the interests of consumers in mind, while also

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Petroleum ministry mulling lower gas price

Petroleum ministry mulling lower gas price

🕔10:03, 4.Aug 2014

New Delhi, Aug 4  The petroleum ministry is considering a new price for domestic gas that would be lower than the $8.4 per unit reached by the formula suggested by the C. Rangarajan panel constituted by the earlier UPA government.

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