If India wants to make natural gas one of its major sources of fuel then it may need to take a relook at its existing domestic gas pricing mechanism. Today, gas price in the spot market is around $47 ...

As the Ministry of Finance gives a green light, the Economic Coordination Committee (ECC), scheduled to meet Thursday (today), is likely to approve the revised gas pricing formula for Mari Gas Company ...

Following the government's plan to restructure gas utilities, the Oil and Gas Regulatory Authority (OGRA) has decided to ...

The Parikh committee had also recommended that gas should be brought under the Goods and Services Tax, or GST, regime. Having a common taxation such as GST for gas in lieu of state level VATs, which ...

The Union Cabinet on Thursday approved a revision in the formula for pricing of natural gas and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent. Natural ...

NEW DELHI: CNG and piped cooking gas prices will be cut by 9-11 per cent after the government revised the formula for pricing of natural gas, but there is no clarity on deregulation of the fuel, ...