New Delhi Investors setting up greenfield urea production plants will be given subsidy to cover the cost of imported liquefied natural gas (LNG) up to $17-18 per million metric British thermal unit (mmBtu), a generous concession that will also take care of freight charges and marketing margins charged by the suppliers.

Currently, LNG is available in global spot markets at about $14-15 per unit excluding such incidental costs, a price that was previously considered by the Pranab Mukherjee-led group of ministers as part of a new policy to promote investments in the sector.