{"id":573711,"date":"2023-05-02T11:52:41","date_gmt":"2023-05-02T06:22:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=573711"},"modified":"2023-05-02T11:52:41","modified_gmt":"2023-05-02T06:22:41","slug":"india-maintains-price-of-gas-from-old-fields-at-6-5-mmbtu-for-may","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-maintains-price-of-gas-from-old-fields-at-6-5-mmbtu-for-may\/","title":{"rendered":"India maintains price of gas from old fields at $6.5\/mmBtu for May"},"content":{"rendered":"<p>The domestic natural gas price will remain steady at $6.5 per mmbtu for the month of May, according to an oil ministry notification.<\/p>\n<p>The domestic price is revised every month after the last month&#8217;s Cabinet decision linked the gas price for a month to the India crude oil basket price of the previous month. The revised rate, calculated as 10% of the crude price, is $8.27 per mmbtu for the month of May. But since a cap of $6.5 per mmbtu applies to the domestic gas, the effective price would remain as it was in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The domestic natural gas price will remain steady at $6.5 per mmbtu for the month of May, according to an oil ministry notification. The domestic price is revised every month after the last month&#8217;s Cabinet decision linked the gas price for a month to the India crude oil basket price of the previous month. The revised rate, calculated as 10% of the crude price, is $8.27 per mmbtu for the month of May. But since a cap of $6.5 per mmbtu applies to the domestic gas, the effective price would remain as it was in April.<\/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":[130,191,136],"tags":[],"class_list":["post-573711","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/573711","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=573711"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/573711\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=573711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=573711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=573711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}