Ministry of Petroleum and Natural Gas (MoPNG) has notified the price of domestic natural gas for the period January 1, 2025 to January 31, 2025 as $7.3 per million metric British thermal unit (mmBtu) on gross calorific value (GCV) basis.
Besides, for the gas produced by Oil and Natural Gas Corporation Limited (ONGC) /Oil India Limited (OIL) from their nomination fields, the administrative price mechanism price will be subject to a ceiling of $6.50/mmBtu on GCV basis for the same period.