{"id":539796,"date":"2022-12-01T11:27:45","date_gmt":"2022-12-01T05:57:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539796"},"modified":"2022-12-01T11:27:45","modified_gmt":"2022-12-01T05:57:45","slug":"parikh-panel-moots-lower-price-band-for-apm-gas-pricing-freedom-from-2027","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/parikh-panel-moots-lower-price-band-for-apm-gas-pricing-freedom-from-2027\/","title":{"rendered":"Parikh panel moots lower price band for APM gas; pricing freedom from 2027"},"content":{"rendered":"<p>The Kirit Parikh panel to review natural gas prices in India has recommended a price band of $4-6.50\/unit for gas from old legacy fields, which account for over 70% of the domestic output, and ushering in of fully market-determined rates by January 2027. It proposed price escalation for the old fields, with an increase of $0.5 per metric million British thermal unit (mmBtu) annually with no change in pricing for the first two years or a $0.25 per mmBtu annually escalation for five years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kirit Parikh panel to review natural gas prices in India has recommended a price band of $4-6.50\/unit for gas from old legacy fields, which account for over 70% of the domestic output, and ushering in of fully market-determined rates by January 2027. It proposed price escalation for the old fields, with an increase of $0.5 per metric million British thermal unit (mmBtu) annually with no change in pricing for the first two years or a $0.25 per mmBtu annually escalation for five years.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-539796","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539796","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=539796"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539796\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}