Tag: ONGC gas price cap

Kirit Parikh panel submits gas report, suggests pricing freedom beginning Jan 2026

Kirit Parikh panel submits gas report, suggests pricing freedom beginning Jan 2026

cpooldigitalLeave a Comment on Kirit Parikh panel submits gas report, suggests pricing freedom beginning Jan 2026

File image for representation. | Photo Credit: AP A government-appointed gas price review panel, led by Kirit Parikh on Wednesday submitted its report to the government, recommending a floor and ceiling price for legacy fields and complete pricing freedom starting January 1, 2026. A fixed band of pricing for gas from legacy fields, which makes […]

Continue Reading
‘ONGC gas price to be capped at .5 for 5 years, no change in Reliance-bp price’

‘ONGC gas price to be capped at $6.5 for 5 years, no change in Reliance-bp price’

cpooldigitalLeave a Comment on ‘ONGC gas price to be capped at $6.5 for 5 years, no change in Reliance-bp price’

A government-appointed gas price review panel, led by Kirit Parikh, recommends a floor and ceiling price for natural gas produced from legacy fields of State-owned firms for five years to help moderate CNG and piped cooking gas rates. State producers Oil and Natural Gas Corporation (ONGC) and Oil India Ltd. (OIL) will be paid a […]

Continue Reading