Policy▲ Bullish for Indian equities
Centre raises deepwater gas price ceiling to $9.89 per MMBtu; APM gas cap at $7
The brief
- Deepwater gas price ceiling raised to $9.89 per MMBtu; APM gas cap is $7
- Difficult-area gas has marketing and pricing freedom, subject to a government-notified ceiling
- The higher ceiling may benefit Indian deepwater gas producers, while affecting gas buyers’ costs
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- Petronet LNG names GAIL’s Sanjay Kumar as MD & CEO from May 13, 2027
Centre raises deepwater gas price ceiling to $9.89 per MMBtu; APM gas cap at $7
Sunday, 4 October
- Centre raises deepwater gas price ceiling to $9.89 per MMBtu; APM gas cap at $7