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Gas prices in India News

Gas price formula

05 Oct 2016

Govt will not change domestic gas price formula: Dharmendra Pradhan

Government will not change a domestic gas price formula which was set up in 2014, Oil Minister Dharmendra Pradhan said on Wednesday.

16 Aug 2015

Gas prices to dip below $4.2/unit from October 1

Natural gas prices in India may, from October 1, fall below USD 4.2 per unit, a rate that was used last year to devise a new pricing formula to incentivise domestic exploration.

24 Jul 2014

Govt to appoint panel to suggest alternative gas pricing model

The panel, which will comprise of Pratap Bhanu Mehta and Bibek Debroy, Chief Executive and faculty respectively, of think-tank Centre for Policy Research, will be asked to submit its report by August 31.

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