{"id":539352,"date":"2022-11-29T11:31:11","date_gmt":"2022-11-29T06:01:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539352"},"modified":"2022-11-29T14:02:50","modified_gmt":"2022-11-29T08:32:50","slug":"india-panel-to-favour-linking-local-gas-prices-to-crude-basket-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-panel-to-favour-linking-local-gas-prices-to-crude-basket-report\/","title":{"rendered":"India panel to favour linking local gas prices to crude basket: Report"},"content":{"rendered":"<p>India&#8217;s natural gas price review panel is set to favour linking the price of most local output to an Indian crude basket with a cap of $6.50 per million British thermal units (mmBtu) to shield consumers from the volatility in global markets, sources said.<\/p>\n<p>In September India set up a panel headed by energy expert Kirit Parikh to review the India&#8217;s gas pricing formula to ensure fair prices to consumers after state-set prices of gas from old fields and a ceiling price for output from difficult blocks rose to a record high.<\/p>\n<p>The panel, which is likely to submit its report on Tuesday or later in the week, could suggest a road map to end the government&#8217;s role in gas pricing from 2026,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s natural gas price review panel is set to favour linking the price of most local output to an Indian crude basket with a cap of $6.50 per million British thermal units (mmBtu) to shield consumers from the volatility in global markets, sources said. In September India set up a panel headed by energy expert Kirit Parikh to review the India&#8217;s gas pricing formula to ensure fair prices to consumers after state-set prices of gas from old fields and a ceiling price for output from difficult blocks rose to a record high. The panel, which is likely to submit its [&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-539352","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\/539352","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=539352"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539352\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}