{"id":368156,"date":"2020-08-17T11:55:17","date_gmt":"2020-08-17T06:25:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368156"},"modified":"2020-08-17T12:29:06","modified_gmt":"2020-08-17T06:59:06","slug":"gas-price-may-fall-below-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gas-price-may-fall-below-2\/","title":{"rendered":"Gas price may fall below $2"},"content":{"rendered":"<p>Prices of natural gas in India are likely to be cut to $1.9-1.94 \u2014 the lowest in more than a decade \u2014 from October, denting the revenues of producers such as ONGC who are already incurring huge losses on production. <\/p>\n<p>A price revision is due from October 1 and going by the changes in the benchmark rate in gas exporting nations, the price is likely to be anywhere between $1.90 and $1.94 per million British thermal unit (mBtu), sources privy to the development said. <\/p>\n<p>This will be the third straight reduction in rates in one year. Prices were cut by a steep 26 per cent to $2.39 per mBtu in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prices of natural gas in India are likely to be cut to $1.9-1.94 \u2014 the lowest in more than a decade \u2014 from October, denting the revenues of producers such as ONGC who are already incurring huge losses on production. A price revision is due from October 1 and going by the changes in the benchmark rate in gas exporting nations, the price is likely to be anywhere between $1.90 and $1.94 per million British thermal unit (mBtu), sources privy to the development said. This will be the third straight reduction in rates in one year. Prices were cut by [&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":[130,215,148],"tags":[],"class_list":["post-368156","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368156","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=368156"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368156\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}