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Gas Pricing

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Govt fixes maximum marketing margin for natural gas

Nov 18, 2015

Govt fixes maximum marketing margin for natural gas

The new rate would be "fixed on non-discretionary basis," it said, adding the decision is likely to enhance transparency and provide an element of certainty for future investments in gas infrastructure sector. #Reliance Industries #Narendra Modi #ONGC #Wholesale price index #KG-D6 #LPG #Ministry of Petroleum and Natural Gas #Petroleum and Natural Gas Regulatory Board #natural gas price #GAIL India
Ficci writes to Centre, seeks realistic gas pricing formula to help upstream firms

Oct 09, 2015

Ficci writes to Centre, seeks realistic gas pricing formula to help upstream firms

With offshore gas explorations being quite expensive, the Ficci letter urged the government for special incentives keeping the steep cost of production in sight. #Economy #Business #NewsTracker #ONGC #FICCI #Oil India #Gas pricing formula
Thanks to decimation of gas sector, hydrocarbons explorers have a new prayer on their lips: 'God, let there be no gas'!

Oct 08, 2015

Thanks to decimation of gas sector, hydrocarbons explorers have a new prayer on their lips: 'God, let there be no gas'!

By artificially suppressing domestic gas price, the government of India only ended up with more loss to exchequer in royalty and cess along with a depressed investment climate. #Economy #Energy #crude oil #ConnectTheDots #ONGC #Petrol #LNG #oil and gas #Oil India #Messrs Petronet LNG Ltd #RasGas #Domestic gas price
Now Moody's says gas price cut will impact investment

Oct 05, 2015

Now Moody's says gas price cut will impact investment

The agency held a similar view that fresh commitments by private oil ad gas companies will remain uncertain, given that several exploration firms globally had scaled back their spending and put new projects on hold amid low hydrocarbon prices #ONGC #Moody's #Gas Pricing #credit outlook
Pricing formula faulty, says S&P's; needs a relook if domestic oil & gas sector has to revive and fuel Make In India

Oct 03, 2015

Pricing formula faulty, says S&P's; needs a relook if domestic oil & gas sector has to revive and fuel Make In India

The reduction in prices of CNG (compressed natural gas) and PNG (piped natural gas) with effect from October 1 may have warmed the hearts of the retail consumers, but the picture for the oil and gas industry, led by PSU behemoth ONGC, is far from pretty. #Economy #Business #Reliance Industries Limited #ConnectTheDots #ONGC #LNG #CNG #Gas Pricing
CNG price cut by 80 paise/kg, PNG 70 paise/unit in Delhi

Oct 01, 2015

CNG price cut by 80 paise/kg, PNG 70 paise/unit in Delhi

CNG price in the national capital was on Thursday cut by 80 paise per kg and piped cooking gas (PNG) by 70 paise per unit following an 18 per cent reduction in natural gas prices. #India #Delhi #NewsTracker #CNG #gas prices #PNG
Gas price cut to discourage new investment in oil sector: S&P

Oct 01, 2015

Gas price cut to discourage new investment in oil sector: S&P

The lower prices will reduce the government's earning from royalty by about Rs 60 crore. #Economy #Reliance Industries #ONGC #TheySaidIt #Natural gas #gas price
Free pricing of gas: Two cheers for Dharmendra Pradhan, Modi's oil reforms hero

Sep 03, 2015

Free pricing of gas: Two cheers for Dharmendra Pradhan, Modi's oil reforms hero

One area where reforms are directionally in the right direction is petroleum. Dharmendra Pradhan is now moving towards freeing gas pricing. #Reliance Industries #C Rangarajan #Narendra Modi #ConnectTheDots #ONGC #Jaswant Singh #New Telecom Policy #Cooking Gas #Dharmendra Pradhan #Natural gas pricing