New Delhi: The Petroleum Planning & Analysis Cell (PPAC) of the Ministry of Petroleum and Natural Gas (MoPNG) has announced the domestic natural gas price for May 2024 at $8.90 per million British thermal units (mmbtu) on a Gross Calorific Value (GCV) basis.The PPAC’s notification also states that for gas produced by Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) from their nomination fields, a ceiling price of…
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Govt sets May domestic gas price at $8.90/mmbtu, with ONGC/OIL ceiling at $6.50/mmbtu, ET EnergyWorld
