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Home > News > Natural gas price set to rise 'more-than-double' > Natural gas price set to rise 'more-than-double'

Natural gas price set to rise 'more-than-double' [1]

If the price rise is approved, it would raise costs for power and fertiliser companies and other natural gas buyers such as city gas distributors

The pricing of natural gas is set for a major revamp. An empowered group of ministers is likely to approve new policy guidelines based on the Rangarajan committee report; this would more-than-double the price of domestic gas sold by Oil and Natural Gas Corporation and Oil India. If the price rise is approved, it would raise costs for power and fertiliser companies and other natural gas buyers such as city gas distributors.

Publication Date: 
24/01/2013
Business Standard (New Delhi) [2]
Tags:
Natural Gas [3], Fuel Pricing [4], Oil and Natural Gas Corporation (ONGC) [5], Fertiliser Industry [6], Ministry of Petroleum and Natural Gas [7], Reliance Petrochemicals [8], Energy [9]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/natural-gas-price-set-rise-more-double

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/natural-gas-price-set-rise-more-double
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fertiliser-industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/reliance-petrochemicals
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy