In order to meet the shortage, GAIL sourced spot LNG volumes from the domestic /international market and also partially/fully stopped its petrochemical complex at Pata in Uttar Pradesh to fulfilling supply obligations to the customers.
Natural gas price hike this week will be the third increase in rates since April 2019 and comes on the back of firming benchmark international prices.
GGL supplies 1.45 lakh kg of CNG and PNG in Lucknow on regular days, but due to the surge in international prices, the supply has been decreased by up to 15,000-20,000 kg per day.
The government has reduced the cost of non-subsidised LPG cylinder by Rs 162.50 per cylinder in metro cities including Delhi, Mumbai, Kolkata and Chennai. The prices have been reduced in line with the slump in benchmark international rates.
New Delhi: Natural gas prices was today cut by about 8 per cent to USD 4.66 a unit to reflect the softening in international prices, a move that will lower electricity and fertiliser costs.Oil Ministry's
New Delhi: Days ahead of its own deadline for the revision of natural gas prices, government today postponed a decision on it by another 45 days to November 15.The NDA government, after coming to power,
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