Friday 29 March 2019

India raises petroleum gas cost for April-September by around 10 percent

NEW DELHI: India has raised the cost of its privately created gas by around 10 percent to $3.69 per million metric British warm units (mmBtu) for the April-September period, contrasted and the past a half year, a source mindful of the advancement said.
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India has additionally set the maximum price tag for gas to be created from troublesome fields at $9.32 per mmBtu for April-September, up about 21.5 percent from $7.67 per mmBtu in the past a half year, the source told Reuters on Friday.

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The administration will formally declare the reexamined costs later in the day, the source said.

The costs will be relevant on gross warmth esteem premise. The expansion in petroleum gas costs implies more expensive rates for gas for manures, vehicles and families.

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