Wednesday, 18 March 2015

Natural gas price to be reduced by 10% from April 1

Report said that the new rate will be around $5.02 per million British thermal unit (mmBtu) as compared to the current price of $5.61. 

Domestic natural gas prices are likely to be reduced by over 10% to $5.02 per unit from April 1, according to reports.
Report said that the new rate will be around $5.02 per million British thermal unit (mmBtu) as compared to the current price of $5.61.
On a gross-calorific value basis, the price will be around $4.67 per mmBtu as compared to $5.05 currently.
Oil Ministry is planning to announce the new rates sometime this week

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