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RIL says gas price hike not to affect cost of LPG, food items

Last Updated: Friday, March 21, 2014, 20:33

Reliance Industries on Friday dubbed as a "canard" allegations that the near-doubling of natural gas prices will lead to a similar hike in domestic cooking gas (LPG) and inflation in food item rates.

Natural gas to outpace all energy sources until 2035: Report

Last Updated: Tuesday, March 18, 2014, 16:15

The report estimates that global energy consumption will grow by 41 percent from 2012 to 2035.

CNG price may rise by steep Rs 8 per kg from April

Last Updated: Monday, January 13, 2014, 16:25

Close on the heels of the biggest-ever increase of Rs 4.50 per kg, the cost of CNG may go up by a steep Rs 8 per kg from April 1 when natural gas prices will almost double.

Gas prices may jump to $10 in 2016-17, from $4.2 now

Last Updated: Monday, December 23, 2013, 17:44

Natural gas prices in India may jump to USD 10 within three years of implementation of the Rangarajan formula, generating enough additional revenue to meet higher subsidy outgo on the fertiliser sector.

Cabinet to decide on capping natural gas price hike

Last Updated: Wednesday, November 27, 2013, 15:45

The Union Cabinet had in June decided to price all domestically produced natural gas at an average of the price prevailing at international gas trading hubs and the actual cost of importing liquid gas (LNG).

No going back on gas price hikes; notification soon: Moily

Last Updated: Tuesday, November 26, 2013, 17:37

Oil Minister M Veerappa Moily on Tuesday ruled out reversal of the decision to double natural gas prices from April 1 next year and said that the notification on this will be issued shortly.

Govt orders sale of gas at uniform price to city CNG projects

Last Updated: Tuesday, November 19, 2013, 16:41

Compressed natural gas (CNG) is used by automobiles and piped natural gas (PNG) is supplied as a cooking fuel.

Parl panel flays govt decision to hike natural gas price

Last Updated: Wednesday, August 07, 2013, 20:14

The panel also said Reliance Industries should supply the quantity it had committed but failed to deliver in the past three years at the old rate of USD 4.2.

Gas price hike: OilMin rebuts charges of windfall gains to RIL

Last Updated: Friday, July 05, 2013, 20:23

A week after doubling of natural gas prices was approved, the Oil Ministry today rebutted charges of the move resulting in windfall gains to Reliance Industries, saying new gas production from the company's fields will not start before 2017-18.

FM hints at subsidised gas rates for power, fertiliser units

Last Updated: Friday, June 28, 2013, 12:02

A day after deciding to nearly double natural gas prices to USD 8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.

Govt approves near doubling of natural gas price

Last Updated: Thursday, June 27, 2013, 09:02

Biting the bullet, the government Thursday approved near doubling of natural gas prices to USD 8.4 from April 1 next year, a move which will result in rise in power tariff, urea cost and CNG prices.

CPI demands Moily`s resignation over gas price hike

Last Updated: Friday, June 21, 2013, 17:02

CPI sought resignation of Petroleum Minister Veerappa Moily and probe into ministry`s proposal to hike natural gas prices, alleging it would subvert national interests and favour big corporate house.