{"id":600736,"date":"2023-08-31T12:27:22","date_gmt":"2023-08-31T06:57:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=600736"},"modified":"2023-08-31T12:27:22","modified_gmt":"2023-08-31T06:57:22","slug":"omcs-may-have-to-bear-burden-of-lpg-cylinder-price-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/omcs-may-have-to-bear-burden-of-lpg-cylinder-price-cut\/","title":{"rendered":"OMCs may have to bear burden of LPG cylinder price cut"},"content":{"rendered":"<p>NEW DELHI:   The oil marketing companies (OMCs) might have to absorb the Rs 200 a cylinder price cut in cooking gas (LPG) announced by the government on August 29, 2023. According to a report citing sources in the petroleum ministry, the bumper earnings in the first five months of the current fiscal and international benchmark coming off its highs will help state-owned OMCs to meet this expense. It means the government may not compensate the oil companies for reduction in LPG price. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The oil marketing companies (OMCs) might have to absorb the Rs 200 a cylinder price cut in cooking gas (LPG) announced by the government on August 29, 2023. According to a report citing sources in the petroleum ministry, the bumper earnings in the first five months of the current fiscal and international benchmark coming off its highs will help state-owned OMCs to meet this expense. It means the government may not compensate the oil companies for reduction in LPG price.<\/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":[130,207,143],"tags":[],"class_list":["post-600736","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/600736","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=600736"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/600736\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=600736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=600736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=600736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}