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New tural gas price from April cut by 8 percent to $4.66 a unit

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  1 April 2015 12:00 AM GMT

New Delhi, March 31: With the domestic tural gas price announced in October expiring on Tuesday, the government announced the new rate, effective April 1, at $4.66 a unit — lowering it by 8 percent from the existing $5.61 owing to lower intertiol prices. “In accordance with Para 8 of the ‘New Domestic tural Gas Pricing Guidelines, 2014’ issued by the ministry of petroleum and tural gas, government of India, the price of domestic tural gas for the period April 1, 2015 to September 30, 2015 is given hereunder: $4.66 per mmBtu on GCV basis,” the Petroleum Pricing and Alysis Cell (PPAC) said in a statement. The price of $4.66 per million British thermal unit is on gross calorific value basis (GCV) as opposed to $5.05 per mmBtu currently. (IANS)

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