Natural gas price increases by 17% to $2.89; first rise in 3 years
Between November 2014 - September 2017, the domestic natural gas prices have declined by nearly 51%. The ministry will release the new price of this indicator for October 2017 - March 2018 period.
Moreover, companies producing gas from some deep-water fields with high pressure and high temperature areas are allowed a higher tariff of about $5.56 per million British thermal units.
This price is also due to be revised from October 1, 2017.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.