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New gas price every six months on the basis of global rates

The government has decided to increase prices of domestically produced natural gas from the existing $4.2 per mBtu to $5.61 per mBtu. The new price, based on the recommendations of a Committee of......

RIL may not gain from the gas price hike: Analysts

The Centre's move to increase natural gas prices to $5.61 per million British thermal units (mBtu) from November 1 would be a negative for Reliance Industries Ltd (RIL), analysts said, as RIL would......

Govt approves RIL's gas price

The Prime Minister's Economic Advisory Council has approved Reliance Industries' 4.33 dollars per mBtu price of gas from KG-D6 fields, saying it was in line with industry practices and priority......

ONGC seeks gas price of $4.75 per mBtu

Spicing up the ongoing debate on natural gas pricing, state-run Oil and Natural Gas Corporation has warned its over $6-billioninvestment could become infructious if it did not get a minimum market......

Gail to import LNG at $9.28 per mBtu

Gail India Ltd will import spot LNG cargo from Algeria at $9.28er million British thermal unit."The first cargo is arriving on May 19 at Dahej terminal (in Gujarat) and two more cargoes are......
  Web results for Mbtu

New Delhi, Oct 4: The revised price of domestic natural gas at $3.82 per unit for six months from October 1 will discourage oil exploration and... ...
ONGC looks to put 2 CBM blocks into production in FY17

State-owned ONGC will commence production from two coal-bed methane (CBM) blocks — Bokaro and North Karanpura — by as early as the first half... ...
Gas prices slashed to $4.24/mBtu

Adding to the angst of upstream companies, state-run ONGC and OIL as well as the private sector giant Reliance Industries (RIL), the government on... ...
Sensex closes 376 points up on upbeat global cues, Nifty settles at 7,949; Cairn, Idea gain over 6%

Sensex closed 376.17 points up at 26,154.83. Nifty advanced 105.60 points at 7,948.90. (Express Photo) The BSE Sensex and NSE Nifty gained over... ...
New oil, gas policy for small fields shifts risks to developers

Mumbai, Sep 7: The government approval last week of the marginal fields policy (MFP) for 69 oil and gas fields, proposing a revenue sharing... ...

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