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India hikes domestic natural gas price for Oct’21 to March’22

Domestic natural gas prices increased to US$2.90 / mmbtu from US$1.79 / mmbtu with a hike of 62%, for the period October 2021 to March 2022.

The gas price ceiling for the period October 2021 to March 2022, is US$ 6.13 / mmbtu from US$ 3.62 / mmbtu on Gross Calorific Value (GCV) basis.