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Government Introduces New Gas Marketing Norms To Help Producers

The minister also said the existing fixed-price formula for gas produced from old blocks would continue.
The minister also said the existing fixed-price formula for gas produced from old blocks would continue.
India will let companies producing gas from new local fields sell the cleaner fuel on e-bidding platforms, oil minister Dharmendra Pradhan said on Wednesday, in a move expected to help them get better prices and boost output. India wants to raise the share of gas in its energy mix to 15 per cent by 2030 from 6.2 per cent now, but it currently relies on imports for half of its daily gas needs of 160-170 million standard cubic meters (...
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