Vedanta Limited is seeking a minimum of $9.5 per million British thermal unit (mBtu) for the sale of natural gas from the RJ-ON-90/1 block at Barmer in Rajasthan. It has sought bids for the sale of 0.6 mscmd gas from the block in three months, beginning from October 1, 2023. Besides, the bidders were asked to quote a variable P, over and above 14.5 per cent of the Brent crude oil price. At the current Brent price of $84 per barrel, bidders are required to quote a price over and above the base $12.8. However, the prices being sought by the company are about 50 per cent over the ceiling price of $6.5 per mBtu paid to state-owned producers like ONGC.