{"id":405373,"date":"2021-03-17T11:04:19","date_gmt":"2021-03-17T05:34:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405373"},"modified":"2021-03-17T12:18:31","modified_gmt":"2021-03-17T06:48:31","slug":"domestic-natural-gas-prices-likely-to-remain-unchanged-at-2-on-april-1-icici-securities-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-natural-gas-prices-likely-to-remain-unchanged-at-2-on-april-1-icici-securities-2\/","title":{"rendered":"Domestic natural gas prices likely to remain unchanged at $2 on April 1: ICICI Securities"},"content":{"rendered":"<p>Domestic natural gas will be priced at $2 per mmBtu, almost unaltered from the current price when the government revises rates on April 1, ICICI securities NSE -0.52 % said in a report.<\/p>\n<p>The new expected price, based on net calorific value (NCV), is derived from international prices in the calendar year 2020. The current price, published by the government on a gross calorific value (GCV) basis, is $1.79 per mmBtu, a record low. On NCV basis, this amounts to $2.<\/p>\n<p>Most of the country\u2019s natural gas output is sold for a price obtained under a government-set formula introduced in 2014. Prices are revised every April and October and are valid for six months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic natural gas will be priced at $2 per mmBtu, almost unaltered from the current price when the government revises rates on April 1, ICICI securities NSE -0.52 % said in a report. The new expected price, based on net calorific value (NCV), is derived from international prices in the calendar year 2020. The current price, published by the government on a gross calorific value (GCV) basis, is $1.79 per mmBtu, a record low. On NCV basis, this amounts to $2. Most of the country\u2019s natural gas output is sold for a price obtained under a government-set formula introduced in [&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-405373","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\/405373","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=405373"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405373\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}