CNG, PNG prices set to go up 3-4 per cent
Kolkata: Election time is not always for freebies and sops! Be prepared to shell out 3-4 per cent more for your CNG and household PNG soon. Domestic gas price is due for a revision. The price is revised every six months and is linked to prices on four international hubs–Henry Hub in the US, Alberta in Canada, National Balancing Point in Europe, and Russian gas price.
The next revision, for April-September, is expected to push up domestic gas price by 7-9 per cent to $3.62-3.67 per mmBtu compared with $3.36 per million British thermal unit applicable till March 2019.
