Thursday, 13 October 2016 08:03

Indian gas price ceiling

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Oct 13 (LNGJ) - The Indian Ministry of Petroleum and Natural Gas said its natural gas price ceiling for October 2016 to March 2017 was $5.30 per million British thermal units on a gross calorific value basis for the purposes of marketing production from domestic discoveries. The latest price is $1.31 per MMBtu lower than the official price of $6.61 per MMBtu given for the period from April to September 2016.

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