India’s Domestic Natural Gas Price for January 2024

India has unveiled the much-anticipated revised domestic natural gas prices for the period from 1st January to 31st January. With meticulous attention to detail, the pricing is established at an enticing US$ 7.82 per million British thermal units (mmbtu) on a Gross Calorific Value (GCV) basis.

Notably, the revealed price represents a significant 7.6% decrease from the December 2023 pricing. This reduction provides stakeholders with a comprehensive perspective on the fluctuations within the domestic natural gas market, empowering them with valuable insights for informed decision-making and strategic planning.