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Natural gas prices News

09 Apr 2023

CNG-PNG prices reduces in Delhi-NCR

After Mumbai, now the price of CNG and PNG has come down in Delhi as well. The new prices came into effect from 6 am today. Prices also fell in Noida, Greater Noida and Ghaziabad.

09 Apr 2023

Big relief to Delhi-NCR after Mumbai, CNG-PNG prices reduce in Delhi

After Mumbai, now the price of CNG and PNG has come down in Delhi as well. The new prices came into effect from 6 am today. Prices also fell in Noida, Greater Noida and Ghaziabad.

08 Apr 2023

CNG-PNG Price: A big relief to the public amid inflation

From today the countrymen have got a big relief. After the approval of the cabinet, the prices of CNG-PNG were reduced due to the new formula. CNG became cheaper by Rs 8 in Mumbai and the price of PNG also fell by Rs 5.

05 Aug 2022

IGL hikes PNG prices

Inflation has hit the people of Delhi yet again. IGL has increased the prices of PNG gas. The price of PNG has been increased by 2.63 per unit.

27 Apr 2022

DNA: Why PM Modi had to speak on petrol and diesel prices?

Today, Prime Minister Narendra Modi appealed to many states of the country to reduce VAT to reduce oil prices. However, these are the state governments where there are often protests against expensive oil prices.

30 Mar 2016

Govt to cut natural gas prices by 17% to $3.15 per mmBtu

As per the new gas pricing formula approved by the NDA-government in October 2014, gas prices are to be revised every six months and the next change is due on April 1.

natural gas prices

14 Feb 2016

Gas prices may dip 17% to $3.15 in April

Natural gas prices in India are likely to decline 17 percent in April to USD 3.15 per unit, further straining economics of developing discoveries in deep sea.

18 Nov 2015

Natural gas prices to fall next fiscal: Goldman Sachs

Natural gas prices for existing fields like KG-D6 of Reliance Industries will dip to USD 3.6 per unit in next fiscal from USD 3.82 currently, Goldman Sachs said Wednesday.

02 Oct 2015

India should benchmark gas price to deficit nations: S&P

India should benchmark its natural gas prices to similar gas-deficient nations instead of using rates prevalent in gas-surplus geographies like the US and Canada, says Standard & Poor's Ratings Services.

16 Aug 2015

Gas prices to dip below $4.2/unit from October 1

Natural gas prices in India may, from October 1, fall below USD 4.2 per unit, a rate that was used last year to devise a new pricing formula to incentivise domestic exploration.

28 Apr 2015

Barclays raises crude oil price forecasts

Barclays raised its 2015 and 2016 average crude price forecasts on Tuesday, citing geopolitical tensions, unplanned production outages and lower natural gas prices in the United States.

25 Mar 2015

Cabinet clears pooling of gas prices to help revive stuck power plants

The Cabinet Committee on Economic Affairs on Wednesday approved a major policy intervention, through an innovative mechanism, to revive and improve utilization of the stranded gas based power generation capacity in the country.

15 Feb 2015

Niko to sell stake in RIL block on lower gas price hike

Niko holds 10 percent stake in the KG-D6 block where a total of 20 oil and gas discoveries had been made and three out of them are in production.

29 Jun 2014

Govt to start consultations afresh on raising gas prices

Gas producers want gas prices to be raised as they feel the current USD 4.2 per mmBtu rate is insufficient to make discoveries economically viable to produce.

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