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
After Petrol & LPG, PNG Prices Also Increases
Indian consumers received another jolt after Indraprastha Gas Limited (IGL) increased PNG (piped natural gas) gas by Rs 1, per standard cubic metre, in effect from March 24. With this, the PNG will be available for Rs 36.61 per unit in Delhi, Rs 35.86 in Noida, Rs 34.81 in Gurugram, and in Meerut, Shamli and Muzaffarnagar, the new rate is Rs 39.37. Furthermore, approximately 72 lakh households use PNG.
Tags: LPG Gas, PNG Gas, India, Prices, fuels
Courtesy: ANI