{"id":410457,"date":"2021-04-13T10:08:49","date_gmt":"2021-04-13T04:38:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410457"},"modified":"2021-04-13T10:56:21","modified_gmt":"2021-04-13T05:26:21","slug":"ongc-seeks-buyers-for-kg-gas-wants-minimum-6-6-price","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-seeks-buyers-for-kg-gas-wants-minimum-6-6-price\/","title":{"rendered":"ONGC seeks buyers for KG gas, wants minimum $6.6 price"},"content":{"rendered":"<p>State-owned Oil and Natural Gas Corporation (ONGC NSE 3.98 %) on Monday invited bids for the sale of initial 2 million standard cubic meters per day of gas from its KG basin fields at a minimum price of USD 6.6 per mmBtu.<\/p>\n<p>According to the tender document, ONGC intends to start natural gas sale from its KG-DWN-98\/2 block, which sits next to Reliance Industries Ltd NSE 1.06 % (RIL)-BP Plc operated KG-D6 fields, from June-end.<\/p>\n<p>Initially, 2 million standard cubic metres per day of gas has been offered for sale through an e-auction.<\/p>\n<p>ONGC has sought bids indexed to Brent crude oil. Bids have been sought at a minimum of 10.5 per cent of the three-month average Brent crude oil price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Oil and Natural Gas Corporation (ONGC NSE 3.98 %) on Monday invited bids for the sale of initial 2 million standard cubic meters per day of gas from its KG basin fields at a minimum price of USD 6.6 per mmBtu. According to the tender document, ONGC intends to start natural gas sale from its KG-DWN-98\/2 block, which sits next to Reliance Industries Ltd NSE 1.06 % (RIL)-BP Plc operated KG-D6 fields, from June-end. Initially, 2 million standard cubic metres per day of gas has been offered for sale through an e-auction. ONGC has sought bids indexed to Brent [&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-410457","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\/410457","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=410457"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410457\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}