{"id":262345,"date":"2019-03-05T05:57:04","date_gmt":"2019-03-05T05:57:04","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=262345"},"modified":"2019-03-05T05:57:04","modified_gmt":"2019-03-05T05:57:04","slug":"gail-chosen-for-vedantas-barmer-gas-output-buy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-chosen-for-vedantas-barmer-gas-output-buy\/","title":{"rendered":"Gail chosen for Vedanta\u2019s Barmer gas output buy"},"content":{"rendered":"<p>NEW DELHI: The Centre has nominated state-run GAIL to buy the gas output from Vedanta\u2019s prolific Barmer block, which has recently begun pumping the energy resource after accounting for a fourth of India\u2019s domestic crude oil production. <\/p>\n<p>The block, which would produce up to 4 million metric standard cubic meters a day (mmscmd), must sell the output to an entity chosen by the government. The production sharing contract for the Barmer block gives the producer pricing freedom but not marketing freedom. <\/p>\n<p>A long-drawn negotiation between GAIL and Vedanta hasn\u2019t yet yielded an agreement, underscoring how hard it can be to settle on a rate in the absence of a widely acceptable domestic-market benchmark. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The Centre has nominated state-run GAIL to buy the gas output from Vedanta\u2019s prolific Barmer block, which has recently begun pumping the energy resource after accounting for a fourth of India\u2019s domestic crude oil production. The block, which would produce up to 4 million metric standard cubic meters a day (mmscmd), must sell the output to an entity chosen by the government. The production sharing contract for the Barmer block gives the producer pricing freedom but not marketing freedom. A long-drawn negotiation between GAIL and Vedanta hasn\u2019t yet yielded an agreement, underscoring how hard it can be to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-262345","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=262345"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262345\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=262345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=262345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=262345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}