India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia
Published on India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia (http://admin.indiaenvironmentportal.org.in)

Home > News > RIL wants import-parity price for its gas > RIL wants import-parity price for its gas

RIL wants import-parity price for its gas [1]

Needed, it says, for covering its return and risks also wants govt to stick to contract on output sharing

Stuck with $4.2 a million British thermal units (mBtu) price for its natural gas till 2014, Reliance Industries Ltd (RIL) has sought from the government an import-parity price for sale of gas from its D6 field in the Krishna-Godavari basin (KG-D6). Doing so would allow KG gas to be sold at the import price for liquefied natural gas (LNG). If approved, this would mean KG gas could be sold at over three times its current price.

Publication Date: 
28/05/2012
Kalpana Pathak [2]
Business Standard (New Delhi) [3]
Tags:
Natural Gas [4], Krishna [5], Godavari [6], Liquefied Natural Gas (LNG) [7], Fuel Pricing [8], Petrochemical Industry [9], Ministry of Petroleum and Natural Gas [10], Energy [11]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


India Environment Portal by Centre for Science and Environment is licensed under a Creative Commons Attribution-Share Alike 2.5 India License.


Source URL: http://admin.indiaenvironmentportal.org.in/news/ril-wants-import-parity-price-its-gas

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/ril-wants-import-parity-price-its-gas
[2] http://admin.indiaenvironmentportal.org.in/category/author/kalpana-pathak
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/krishna
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/godavari
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/liquefied-natural-gas-lng
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy