{"id":538487,"date":"2022-11-25T11:26:42","date_gmt":"2022-11-25T05:56:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=538487"},"modified":"2022-11-25T11:26:42","modified_gmt":"2022-11-25T05:56:42","slug":"as-subsidy-soars-government-seeks-lower-gas-price-for-fertilisers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/as-subsidy-soars-government-seeks-lower-gas-price-for-fertilisers\/","title":{"rendered":"As subsidy soars, government seeks lower gas price for fertilisers"},"content":{"rendered":"<p>NEW DELHI: Faced with rising contracted gas prices following the Ukraine war, the government has put suppliers, including some global giants, on notice and is discussing a mechanism to ensure better prices for fertiliser plants. The move includes getting an aggregator like GAIL to procure the fuel on behalf of Indian companies or buying from gas exchanges or going for shorter contracts.<\/p>\n<p>Fertiliser plants get gas supplies mainly from three sources \u2014 domestic gas, liquified natural gas (LNG) imports and spot market. In the wake of Ukraine war, the sector is dealing with higher prices and lower availability.<\/p>\n<p>With some of the companies, from which gas had been contracted for three months, offering supplies at 2. 5 to 3 times the spot price, the Centre has raised the redflag and begun consultations to look at ways to reduce cost for urea units, government sources told TOI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Faced with rising contracted gas prices following the Ukraine war, the government has put suppliers, including some global giants, on notice and is discussing a mechanism to ensure better prices for fertiliser plants. The move includes getting an aggregator like GAIL to procure the fuel on behalf of Indian companies or buying from gas exchanges or going for shorter contracts. Fertiliser plants get gas supplies mainly from three sources \u2014 domestic gas, liquified natural gas (LNG) imports and spot market. In the wake of Ukraine war, the sector is dealing with higher prices and lower availability. With some [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-538487","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538487","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=538487"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538487\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=538487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=538487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=538487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}