In line with the fall in global gas prices due to higher production and coronavirus-induced low demand, the Union government has cut the price of domestic gas by a sharp 26% to $2.39 per million British thermal units (mmBtu). The new price will be effective for six months starting April 1.
Ceiling price for gas to be produced from difficult fields has also been slashed 33.5% to $5.61/mmBtu.
