{"id":581221,"date":"2023-06-01T16:50:10","date_gmt":"2023-06-01T11:20:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=581221"},"modified":"2023-06-02T09:04:25","modified_gmt":"2023-06-02T03:34:25","slug":"domestic-natural-gas-price-to-remain-steady-at-6-5-per-mmbtu-in-june-oil-ministry","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-natural-gas-price-to-remain-steady-at-6-5-per-mmbtu-in-june-oil-ministry\/","title":{"rendered":"Domestic natural gas price to remain steady at $6.5 per mmbtu in June: Oil ministry"},"content":{"rendered":"<p>The domestic natural gas price will remain steady at $6.5 per mmbtu in June, according to an oil ministry notification.<\/p>\n<p>Domestic natural gas price is determined every month as 10% of the average price of the India basket crude for the previous month. The gas price, as per the formula, fell to $7.58 per mmbtu for June from $8.27 in May. But since the gas price must stay within a Cabinet-determined band of $4-$6.5 per mmbtu, the effective price for June will not change.<\/p>\n<p>This price band applies only to gas produced by the fields operated by Oil and Natural Gas Corp and Oil India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The domestic natural gas price will remain steady at $6.5 per mmbtu in June, according to an oil ministry notification. Domestic natural gas price is determined every month as 10% of the average price of the India basket crude for the previous month. The gas price, as per the formula, fell to $7.58 per mmbtu for June from $8.27 in May. But since the gas price must stay within a Cabinet-determined band of $4-$6.5 per mmbtu, the effective price for June will not change. This price band applies only to gas produced by the fields operated by Oil and Natural [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-581221","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581221","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=581221"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581221\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=581221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=581221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=581221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}