British Thermal Unit

The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from the previous week, industry sources said.

India will raise the price of locally produced gas from old fields for April-September to a record-high $6.1 per million metric British thermal units (mmBtu) from the current $2.90/mmBtu.

The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from the previous week, industry sources said.

Petronet says long-term LNG is currently costing it $11-$12/million British thermal units compared to spot prices of around $40/mmBtu.

Price of natural gas has seen an upward revision of $ 1.11 per million British thermal unit which approximately will be Rs. 90 per million British thermal unit.

The 10 synthetic gasifiers that make up the project are now finally commissioned. But the imported LNG they're meant to displace has fallen from about $15 per million British thermal units in 2012 to less than $5.

The price paid to most of natural gas produced from domestic fields will be $3.06 per million British thermal unit for six months, beginning April 1

The price of natural gas is likely to rise to $2.7 per million British thermal unit for the period from April 1, 2017 to September 30, 2017 from current $2.5 per mmBtu, industry sources said.

When ONGC started production the premium price was $ 6.61 per million British thermal unit as against a cap price of $3.06 per mmBut for regular fields.

Domestic natural gas price has been cut to $2.50 per million British thermal unit for the period of October 1, 2016 to March 31, 2017 from the previous price of $3.06.

The government had last month reduced the price of natural gas produced in the country by 18 per cent to $2.50 per million metric British thermal units (mmBtu) for the October to March 2017 period.

Natural gas price paid to producers, including state-owned Oil and Natural Gas Corporation (ONGC), will be cut by 20 per cent to $2.5 per million British thermal unit in October, in line with a softening global trend, CMD D K Sarraf said on Thursday.

The government is likely to cut natural gas prices by 17 per cent from Friday to $3.15 per million British thermal unit from current $3.82.

Prices of natural gas will be cut to $3.82 per million British thermal units (mmBtu) on gross heat value basis, Reuters said citing sources. On net heat value basis natural gas prices will cost $4.24 per mmBtu compared to $5.18 per mmBtu for the April-September period, it added.

A high-level delegation led by Union Minister Nitin Gadkari will soon visit Iran with proposals to make big ticket investments that could be worth more than Rs 1 lakh crore.

The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from the previous week, industry sources said.

India will raise the price of locally produced gas from old fields for April-September to a record-high $6.1 per million metric British thermal units (mmBtu) from the current $2.90/mmBtu.

The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from the previous week, industry sources said.

Petronet says long-term LNG is currently costing it $11-$12/million British thermal units compared to spot prices of around $40/mmBtu.

Price of natural gas has seen an upward revision of $ 1.11 per million British thermal unit which approximately will be Rs. 90 per million British thermal unit.

The 10 synthetic gasifiers that make up the project are now finally commissioned. But the imported LNG they're meant to displace has fallen from about $15 per million British thermal units in 2012 to less than $5.

The price paid to most of natural gas produced from domestic fields will be $3.06 per million British thermal unit for six months, beginning April 1

The price of natural gas is likely to rise to $2.7 per million British thermal unit for the period from April 1, 2017 to September 30, 2017 from current $2.5 per mmBtu, industry sources said.

When ONGC started production the premium price was $ 6.61 per million British thermal unit as against a cap price of $3.06 per mmBut for regular fields.

Domestic natural gas price has been cut to $2.50 per million British thermal unit for the period of October 1, 2016 to March 31, 2017 from the previous price of $3.06.

The government had last month reduced the price of natural gas produced in the country by 18 per cent to $2.50 per million metric British thermal units (mmBtu) for the October to March 2017 period.

Natural gas price paid to producers, including state-owned Oil and Natural Gas Corporation (ONGC), will be cut by 20 per cent to $2.5 per million British thermal unit in October, in line with a softening global trend, CMD D K Sarraf said on Thursday.

The government is likely to cut natural gas prices by 17 per cent from Friday to $3.15 per million British thermal unit from current $3.82.

Prices of natural gas will be cut to $3.82 per million British thermal units (mmBtu) on gross heat value basis, Reuters said citing sources. On net heat value basis natural gas prices will cost $4.24 per mmBtu compared to $5.18 per mmBtu for the April-September period, it added.

A high-level delegation led by Union Minister Nitin Gadkari will soon visit Iran with proposals to make big ticket investments that could be worth more than Rs 1 lakh crore.