The government has more than doubled the price of domestically produced natural gas for a period of six months from April 1 amid a spurt in fuel prices globally.
According to a notification issued on Thursday by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum, the price of gas produced from the regular fields of public sector ONGC and Oil India is $2.90 per million British thermal unit (unit) from the current one. increased to $6.10.
For fields located in difficult areas such as deep water areas, the price was raised to $9.92 per unit from $6.13 per unit so far.