{"id":539623,"date":"2022-11-30T11:32:04","date_gmt":"2022-11-30T06:02:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539623"},"modified":"2022-11-30T13:34:23","modified_gmt":"2022-11-30T08:04:23","slug":"indian-panel-to-favour-linking-local-gas-prices-to-local-crude-basket","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-panel-to-favour-linking-local-gas-prices-to-local-crude-basket\/","title":{"rendered":"Indian panel to favour linking local gas prices to local crude basket"},"content":{"rendered":"<p>The panel reviewing natural gas prices in India is set to recommend linking the price of most local output to an Indian crude basket, and also suggest a price cap that would be about 25 per cent lower than current rates, industry sources told Reuters. <\/p>\n<p>The panel, which is likely to submit its report to the oil ministry as early as Tuesday, could also suggest a road map to end the government&#8217;s role in gas pricing from 2026, said the sources, who are familiar with the content of the report but who declined to be named because they are not authorised to speak to the media.<\/p>\n<p>&#8220;The aim is to protect consumers and at the same time incentivise producers to boost output,&#8221; one of the sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The panel reviewing natural gas prices in India is set to recommend linking the price of most local output to an Indian crude basket, and also suggest a price cap that would be about 25 per cent lower than current rates, industry sources told Reuters. The panel, which is likely to submit its report to the oil ministry as early as Tuesday, could also suggest a road map to end the government&#8217;s role in gas pricing from 2026, said the sources, who are familiar with the content of the report but who declined to be named because they are not [&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":[146,130,177],"tags":[],"class_list":["post-539623","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539623","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=539623"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539623\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}