Photo: India Today
New Formula Revision Leads To 10% PNG Prices Reduction In India
In a relief to citizens, the Union Government reduced the price formula for natural gas and CNG. the Union Cabinet approved the new formula as Natural gas produced from legacy old fields will now be linked to crude oil price instead of gas prices in surplus nations such as the US, Canada and Russia. This will chapter the png gas by 10%, for users.
Tags: PNG Gas, Natural Gas, New Prices, Citizens, Union cabinet
Courtesy: NDTV
Photo: The Statesman
Baghjan Well Fire in Assam Extinguished After 110 Days of Blowout
Baghjan well fire in Assam's Tinsukia has been snuffed out after 110 days of holocaust. Oil India Limited, along with foreign experts tamed the fire blowout after diverting the fuel supply. Calling it a temporary relief, OIL authorities will soon inject viscous cement mud at high pressure to block the upward flow of gas. Reportedly, the leakage at the well No. 5 of Baghjan Oilfield on May 27, had killed 3 employees.
Tags: Oil India Ltd, Natural Gas, Assam, Baghjan oil field, environment
Courtesy: The Hindu
