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Gas price News

09 Apr 2023

CNG-PNG prices reduces in Delhi-NCR

After Mumbai, now the price of CNG and PNG has come down in Delhi as well. The new prices came into effect from 6 am today. Prices also fell in Noida, Greater Noida and Ghaziabad.

09 Apr 2023

Big relief to Delhi-NCR after Mumbai, CNG-PNG prices reduce in Delhi

After Mumbai, now the price of CNG and PNG has come down in Delhi as well. The new prices came into effect from 6 am today. Prices also fell in Noida, Greater Noida and Ghaziabad.

08 Apr 2023

CNG-PNG Price: A big relief to the public amid inflation

From today the countrymen have got a big relief. After the approval of the cabinet, the prices of CNG-PNG were reduced due to the new formula. CNG became cheaper by Rs 8 in Mumbai and the price of PNG also fell by Rs 5.

06 Apr 2023

Union Cabinet Caps Rates To Rein-In CNG, Piped Cooking Gas Prices

The Union Cabinet on Thursday approved a new formula for the pricing of natural gas A cap or ceiling price was imposed to rein in runaway prices of CNG and piped cooking gas

29 Nov 2022

Govt panel recommends THIS measure to moderate CNG, piped cooking gas rates

The oil ministry will process the recommendations before moving them to the Cabinet for approval for changes in the existing gas pricing regime.

top 10 news on zee

22 May 2022

Zee Top 10: Petrol, Diesel and Gas prices reduce

In this section, you will find the top news stories of the day. Segment Zee Top 10 is a part of Zee News's important news bulletins in which we cover all the important news.

Dharmendra Pradhan

08 May 2020

Dharmendra Pradhan hints at new gas policy, says low oil prices no answer

Pradhan also said that India favours reasonable prices that give some space to the producer countries.

India rating and research

03 Oct 2017

Gas price hike will benefit producers by Rs 1,300 crore: Ind-Ra

The gas price for the April-September period was $2.48 per mbtu, and the ceiling for gas from difficult fields was $5.56.

natural gas price

31 Mar 2017

Natural gas price cut marginally to $2.48 mmBtu

Natural gas price was Friday cut marginally to USD 2.48 per million British thermal unit, the fifth reduction in two years.

Gas price formula

05 Oct 2016

Govt will not change domestic gas price formula: Dharmendra Pradhan

Government will not change a domestic gas price formula which was set up in 2014, Oil Minister Dharmendra Pradhan said on Wednesday.

07 Aug 2016

Govt may cut gas price for producers by 20% in October

Natural gas price paid to producers like state-owned Oil and Natural Gas Corp (ONGC) and Reliance Industries is likely to fall 20 percent to USD 2.45 in October.

31 Mar 2016

Natural gas prices cut by 20%; CNG, cooking gas to be cheaper

Price of natural gas produced from existing fields of state-owned ONGC and Reliance Industries has been cut to USD 3.06 per million British thermal unit with effect from Friday, an oil ministry official said.

31 Dec 2015

Qatar slashes gas price for India, waives penalty

The price as per the revised formula will come to USD 6-7 per million British thermal unit as against USD 12-13 per mmBtu currently.

04 Oct 2015

New gas price will discourage exploration: S&P

The steep downside revision in the price of domestic natural gas by the government at $3.82 per unit for six months from October 1 is set to influence the business decisions of oil exploration and production companies, American ratings services Standard & Poor's said on Sunday.

01 Oct 2015

CNG price slashed by 80 paise per kg in Delhi

A day after natural gas prices were cut by 16 percent, CNG and piped cooking gas rates in the national capital region were Thursday reduced by 80 paise per kg and 70 paise per unit respectively.

28 Aug 2015

Govt to fix formula for premium on gas pricing soon: Pradhan

Petroleum Minister Dharmendra Pradhan on Friday said the government would soon finalise a formula to calculate premium on gas pricing for difficult blocks.

10 Aug 2015

Govt to announce new gas price formula for 'difficult fields'

Government will "any day" announce a decision to allow market price for part of gas discoveries made in future from difficult fields, Oil Minister Dharmendra Pradhan said Monday.

30 Jun 2015

Ukraine suspends Russian gas purchases in new price row

Ukraine has announced the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.

Reliance Industries

29 Jun 2015

RIL to defer gas field development if price outlook uncertain

Reliance Industries may defer development of R-Series and other satellite gas fields in the eastern offshore KG-D6 block if the gas price outlook was uncertain, its junior partner Niko Resources of Canada said.

Reliance Industries

07 May 2015

RIL-BP to triple gas output from KG-D6 by 2021-22

Reliance Industries and its partner BP plc will nearly triple natural gas production from their eastern offshore KG-D6 block by 2021-22 in anticipation of a 'right' gas price covering their exploration risk.

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