The Ministry of Petroleum and Natural Gas has notified the price of domestic natural gas for the period of May 1, 2025 to May 31, 2025 as $6.93 per million British thermal unit (mBtu) on gross calorific value (GCV) basis. In addition, for the gas produced by ONGC/OIL from their nomination fields, the administrative price mechanism price will be subject to a ceiling of $6.75/mBtu on GCV basis for the same period.
