The process of fixing the sale of domestic gas will be changed from Saturday. With the implementation of this decision, the sale of PNG in the country reduces by 10% and that of CNG by 6% to 9%.
How cheap will gas be in which city?
– CNG in Delhi is Rs 79.56 per fare, which can be Rs 73.59 per component, while it is Rs 53.59 per fare, which can be Rs 47.59 per component.
– CNG in Mumbai is Rs 87 per fare, which may come down to Rs 87, while the component is Rs 54 per fare, which may go down to Rs 59.
– CNG price in Pune is currently Rs 92 per fare, which may be Rs 87 per component, while Rs 57 per fare, which may be Rs 52 per component.
CNG price in Bangalore is currently Rs.8905 per fare, which can be increased to Rs.83.5, while it is Rs.55.5 per fare, which can be increased to Rs.52.
Anurag Thakur said that the cabinet has approved a base price of $4 per true BTU for a gas PM and the maximum price is going to be $6.5 per true BTU ignorance.
He also pointed out that natural gas produced from conventional or old fields known as PM gas will now attract oil like mandate countries like US, Canada and Russia. Earlier their money was on account to account basis.
#Almirah Revised Domestic Gas Pricing Guidelines approved
Natural gas price 10% of the monthly average of the Indian crude basket to be notified monthly
Take steps to ensure stable prices in governance and provide adequate protection to producers from adverse market movements pic.twitter.com/NRONPAOzzK
— Rajesh Malhotra (@DG_PIB) April 6, 2023
After this decision, from April 1, the price of AMP Gas PM will be 10 percent of the price of oil in Indian charts. However, its cost will not exceed $6.5 per million British thermal units (mBtu). The current gas price is $8.57 per Auth.
He informed that the documents will be reviewed every month, while till now they were reviewed twice.