Kumari Palany & Co

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Yet another hike in gas price

Posted on: 28/Jun/2013 3:05:07 PM
Natural gas would cost $8.4 per MMBtu, concluded the Cabinet committee on economic affairs (CCEA). The cabinet was headed by P.M – Manmohan Singh and the decision was made yesterday (27th June 2013). Without doubt, this will have a consequence on electricity, urea, piped natural gas and CNG rates. Domestic gas which is priced $ 4.2/mmBtu is expected to cost $ 6.775/mmBtu henceforth. 

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