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India hikes domestic natural gas price for the period April’22 to Sept’22

Domestic natural gas prices increased to US$6.10 / mmbtu from US$2.90 / mmbtu with a hike of 110%, for the period April 2022 to September 2022.

The gas price ceiling for the period April 2022 to September 2022, is US$ 9.92 / mmbtu from US$ 6.13 / mmbtu with a hike of 61.8%, on Gross Calorific Value (GCV) basis.