New Delhi: The Petroleum and Natural Gas Regulatory Board (PNGRB) approved a 37 per cent rise in tariff from April 1 for the pipeline that transports eastern offshore KG-D6 gas of Reliance Industries (RIL) to its customers. The tariff approved is almost half of what sought by East-West Pipeline, the operator of the pipeline.
With the oil regulator’s nod, it is expected that the rise in tariff may lead to an increase in the prices of fertiliser and city gas like CNG, as they use the gas brought through the pipeline starting from Kakinada in Andhra Pradesh and running up to Bharuch in Gujarat.