{"id":508386,"date":"2022-07-25T09:08:18","date_gmt":"2022-07-25T03:38:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=508386"},"modified":"2022-07-25T09:33:38","modified_gmt":"2022-07-25T04:03:38","slug":"reliance-expects-gas-price-to-rise-in-oct-wants-removal-of-ceiling-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-expects-gas-price-to-rise-in-oct-wants-removal-of-ceiling-prices\/","title":{"rendered":"Reliance expects gas price to rise in Oct, wants removal of ceiling prices"},"content":{"rendered":"<p>Reliance Industries Ltd expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices.<\/p>\n<p>The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current USD 9.92 per million British thermal units, Sanjay Roy, senior vice-president for exploration and production, said in an investor call following the announcement of the firm&#8217;s quarterly earnings on Friday.<\/p>\n<p>After remaining a loss-making provision for several quarters, Reliance&#8217;s gas exploration business has begun reaping rewards of a global surge in energy prices that have already pushed the rates to a record high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices. The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current USD 9.92 per million British thermal units, Sanjay Roy, senior vice-president for exploration and production, said in an investor call following the announcement of the firm&#8217;s quarterly earnings on Friday. After remaining a loss-making provision for several quarters, Reliance&#8217;s gas exploration business has begun reaping rewards of [&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":[135,130,169],"tags":[],"class_list":["post-508386","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/508386","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=508386"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/508386\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=508386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=508386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=508386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}