Govt more than doubles price of locally produced gas

Mar 31, 2022

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NEW DELHI: The Centre on Thursday greater than doubled the value of pure fuel, an official assertion by the Petroleum Planning and Evaluation Cell (PPAC) stated.
Value of regionally produced fuel from previous fields has been raised to a file excessive of $6.1 per million metric British thermal items (mmBtu) for the interval April-September 2022.
The worth has been raised from $2.90/mmBtu until now.
The hike comes on the again of rising international vitality costs, in wake of the continuing struggle between Russia and Ukraine.
With this, regulated fields of state-owned oil companies like ONGC and Oil India Ltd will obtain file charges.



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