{"id":539627,"date":"2022-11-30T11:31:39","date_gmt":"2022-11-30T06:01:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539627"},"modified":"2022-11-30T13:34:39","modified_gmt":"2022-11-30T08:04:39","slug":"government-panel-proposes-cap-on-price-of-natural-gas-produced-by-state-owned-firms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-panel-proposes-cap-on-price-of-natural-gas-produced-by-state-owned-firms\/","title":{"rendered":"Government panel proposes cap on price of natural gas produced by state-owned firms"},"content":{"rendered":"<p>A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates. <\/p>\n<p>State producers Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) will be paid a minimum or floor price of Rs 326 ($4) per million British thermal unit and a cap or ceiling price of Rs 531 ($6.5) as against the current rate of Rs 700 ($8.57), three sources with direct knowledge of the matter said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates. State producers Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) will be paid a minimum or floor price of Rs 326 ($4) per million British thermal unit and a cap or ceiling price of Rs 531 ($6.5) as against the current rate of Rs 700 ($8.57), three sources with direct knowledge of the matter said.<\/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-539627","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\/539627","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=539627"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539627\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}