Oil regulator PNGRB has approved a 37 per cent rise in tariff from April 1 for the pipeline that transports Reliance Industries’ eastern offshore KG-D6 gas to customers.
“Transporting natural gas on the East West pipeline would cost Rs 71.66 per million British thermal unit (mBtu) on gross calorific value (GCV) basis from April 1 as compared to Rs 52.33 per mBtu tariff charged for April 1, 2009, to March 31, 2019, period,” the Petroleum and Natural Gas Regulatory Board said in its order.
The tariff approved is almost half of the tariff sought by East West Pipeline. It had sought the tariff to be raised to Rs 151.84 per mBtu with effect from April 1, 2018.
