New Delhi: The price of natural gas has been increased by 62 per cent on Thursday.
Gas is converted to CNG for vehicles, and is directly used to produce electricity and make fertilizers. Now, the price stands at USD 2.90 per million British thermal unit. It was USD 1.79 earlier. The new price will remain valid for the next six months.
The gas produced from deep sea such as Reliance’s Krishna Godavari (KG) basin will be priced higher at USD 6.13 per mmBtu.
CNG and piped gas are expected to see a 10-11 per cent rise in prices.
The price changes for fertilizer is not likely to affect the consumer as government subsidizes it. Similarly, electricity costs will be affected as currently power from gas accounts for very little of the total mix.
Sambalpur: Police have arrested one person in connection with alleged torture of the inmates of… Read More
Mumbai: The casting for the fifth instalment of Raghava Lawrence’s horror comedy franchise ‘Kanchana' is… Read More
New Delhi: The Ministry of Finance has invited applications for the post of Chairperson for… Read More
Bhadrak: The relatives of a woman, who died after childbirth, allegedly ransacked a private nursing… Read More
Prayagraj: The appointment of former Bollywood actress Mamta Kulkarni as the Mahamandaleshwar of the Kinnar… Read More
Mumbai: Amid reported death threats allegedly originating from Pakistan, choreographer-filmmaker Remo D’Souza recently attended the… Read More
This website uses cookies.
