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Oil Ministry moves proposal to pool gas price for fertiliser plants

Feb 18, 2015

Oil Ministry moves proposal to pool gas price for fertiliser plants

Oil Ministry has moved a proposal to pool or average out prices of domestic natural gas and imported LNG used by fertilizer plants to make the cost of fuel uniform and affordable. #Oil Ministry #LNG #gas #VAT #Urea #naptha #gas price pooling #Declared Goods #department of fertilizer #Fertilizer plants
Stung by low gas pricing, Niko to exit RIL's KG-D6 block

Feb 16, 2015

Stung by low gas pricing, Niko to exit RIL's KG-D6 block

Niko holds 10 percent stake in the KG-D6 block where a total of 20 oil and gas discoveries had been made and three out of them are in production. #Reliance Industries #KG-D6 #BP #Gas Pricing #Niko
Panel submits report on new gas pricing formula

Sep 17, 2014

Panel submits report on new gas pricing formula

The increase in gas price would bring windfall for the government -- about $2.08 billion (Rs 12,900 crore) from additional profit petroleum, royalty and taxes accruing from doubling of gas rates, according to oil ministry estimates. #Economy #Reliance Industries #UPA #Election Commission #KG-D6 #PolicyWatch #Cabinet Committee on Economic Affairs #Dharmendra Pradhan #Rangarajan formula #gas pricing mechanism
Kelkar Committee proposes market-linked gas pricing

Aug 29, 2014

Kelkar Committee proposes market-linked gas pricing

The Kelkar panel said the "market-determined gas pricing should apply to all forms of gas irrespective of the source." #India #market #Oil Ministry #Fertilisers #import #Gas Pricing #Kelkar committee
Hike gas prices now: Energy giants RIL, ONGC, BP, Cairn tell govt panel

Aug 25, 2014

Hike gas prices now: Energy giants RIL, ONGC, BP, Cairn tell govt panel

Energy giants led by Reliance Industries, ONGC, BP and Cairn India today unanimously demanded an immediate hike in natural gas prices. #ONGC #BP #RIL #Cairn India #gas #gas price #Secretary