MoPNG notifies domestic natural gas price for December 2024

The Ministry of Petroleum and Natural Gas has notified the price of domestic natural gas for the period December 1, 2024 to December 31, 2024 as $ 7.29 per million British thermal units on the gross calorific value (GCV) basis. Besides, for the gas produced by ONGC /Oil India Limited (OIL) from their nomination fields, the administrative price mechanism price will be subject to a ceiling of $ 6.50/ per mBtu on a GCV basis for the same period.