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Gas pricing formula News

04 Feb 2016

Govt's gas pricing formula not viable to develop KG gas: ONGC

State-owned Oil and Natural Gas Corp (ONGC) has sent an urgent message to Petroleum Ministry, saying the natural gas prices according to a formula approved by the BJP-led government was not viable to develop its KG basin discoveries.

08 Sep 2014

Gas pricing: Panel to submit report on new formula by Wednesday

A four-member panel of secretaries will submit its report on a new gas pricing mechanism by Wednesday, Oil Secretary Saurabh Chandra said Monday.

25 Aug 2014

Gas price: Formula review panel to meet Monday

With September 30 as the deadline to announce the new gas price, a four-member committee of secretaries (CoS) will meet with stakeholders on Monday to review that gas-pricing formula.

24 Aug 2014

New gas price review panel to meet Monday

A four-member committee of secretaries (CoS) set up by the government to review the gas-pricing formula will on Monday hold its first meeting with stakeholders, a petroleum ministry source said.

24 Jul 2014

Govt sets up new panel for gas pricing

The new government on June 25 postponed revision in natural gas prices by three months.

Gas pricing formula

05 Jul 2014

Gas price revision can happen even before October 1: Pradhan

Weeks after implementation of a contentious gas pricing formula was put off by three months, Oil Minister Dharmendra Pradhan on Saturday indicated that gas price revision may happen well before October 1.

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