{"id":338700,"date":"2020-02-24T10:35:43","date_gmt":"2020-02-24T05:05:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338700"},"modified":"2020-02-24T10:56:12","modified_gmt":"2020-02-24T05:26:12","slug":"natural-gas-prices-in-india-likely-to-be-cut-by-steep-25-per-cent-from-april","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/natural-gas-prices-in-india-likely-to-be-cut-by-steep-25-per-cent-from-april\/","title":{"rendered":"Natural gas prices in India likely to be cut by steep 25 per cent from April"},"content":{"rendered":"<p>NEW DELHI: Natural gas prices in India are likely to be cut by a steep 25 per cent beginning April, in line with the slump in global rates, sources said.<\/p>\n<p>The price of most of the natural gas produced by state-owned ONGCNSE -2.29 % and Oil IndiaNSE -3.08 % Ltd, which account for the bulk of India&#8217;s existing gas output, is likely to be cut to around USD 2.5 per million British thermal unit for the six-month period beginning April 1, from USD 3.23 as of now.<\/p>\n<p>This will be the second reduction in six months and will reduce rates to the lowest in two-and-half-years.<\/p>\n<p>Sources said the price of gas produced from difficult fields too is likely to be cut to USD 5.50 from USD 8.43 per mmBtu now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Natural gas prices in India are likely to be cut by a steep 25 per cent beginning April, in line with the slump in global rates, sources said. The price of most of the natural gas produced by state-owned ONGCNSE -2.29 % and Oil IndiaNSE -3.08 % Ltd, which account for the bulk of India&#8217;s existing gas output, is likely to be cut to around USD 2.5 per million British thermal unit for the six-month period beginning April 1, from USD 3.23 as of now. This will be the second reduction in six months and will reduce rates [&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-338700","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\/338700","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=338700"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338700\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}