{"id":350588,"date":"2020-05-11T11:57:10","date_gmt":"2020-05-11T06:27:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350588"},"modified":"2020-05-11T11:57:10","modified_gmt":"2020-05-11T06:27:10","slug":"pradhan-hints-at-new-gas-policy-says-low-oil-prices-no-answer","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pradhan-hints-at-new-gas-policy-says-low-oil-prices-no-answer\/","title":{"rendered":"Pradhan hints at new gas policy, says low oil prices no answer"},"content":{"rendered":"<p>With current pricing formula making natural gas production economically unviable, Oil Minister Dharmendra Pradhan on Friday hinted at bringing in a new gas policy as well as launching a gas exchange very soon as part of reforms to promote greater use of environment-friendly fuel in the world&#8217;s third-largest energy-consuming nation.<\/p>\n<p>Pradhan also said that India favours reasonable prices that give some space to the producer countries.<\/p>\n<p>&#8220;We have to have a reasonable price. India is a major consumer. But at this juncture, India&#8217;s viewpoint is the price should be reasonable and responsible. Very low prices are not the answer. Reasonable prices are the answer,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With current pricing formula making natural gas production economically unviable, Oil Minister Dharmendra Pradhan on Friday hinted at bringing in a new gas policy as well as launching a gas exchange very soon as part of reforms to promote greater use of environment-friendly fuel in the world&#8217;s third-largest energy-consuming nation. Pradhan also said that India favours reasonable prices that give some space to the producer countries. &#8220;We have to have a reasonable price. India is a major consumer. But at this juncture, India&#8217;s viewpoint is the price should be reasonable and responsible. Very low prices are not the answer. Reasonable [&hellip;]<\/p>\n","protected":false},"author":39,"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-350588","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\/350588","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=350588"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350588\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}