The Ministry of Petroleum and Natural Gas (MoPNG) has notified the price of domestic natural gas for the period November 1, 2024 to November 30, 2024 as $7.53 per million British thermal units (mBtu) on a gross calorific value (GCV) basis. Further, for the gas produced by Oil and Natural Gas Corporation Limited (ONGC)/OIL from their nomination fields, the administrative price mechanism will be subject to a ceiling of $6.50 per mBtu on a GCV basis for the same period.
