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

Domestic natural gas prices increased to US$8.57 / mmbtu from US$6.10 / mmbtu with a hike of 40% , for the period Oct 2022 to March 2023.

The gas price ceiling for the period Oct 2022 to March 2023, is US$ 12.46 / mmbtu from US$ 9.92 / mmbtu with a hike of 26%, on Gross Calorific Value (GCV) basis.