neerajchauhan
Neeraj K Chauhan
In a significant development, the government has given national oil firms ONGC and OIL freedom to price any additional natural gas produced from blocks given to them on nomination basis at market rates.
The government has also made a significant departure from the previous practice of pricing natural gas in rupees and has now decided to price it in US dollars.
The government has also made a significant departure from the previous practice of pricing natural gas in rupees and has now decided to price it in US dollars.
The hike in gas price would also lead to a rise in the cost of fertiliser production and power generation. However, fertiliser prices will not increase as the government subsidises the sector.
Do you think this would really work .......
The government has also made a significant departure from the previous practice of pricing natural gas in rupees and has now decided to price it in US dollars.
The government has also made a significant departure from the previous practice of pricing natural gas in rupees and has now decided to price it in US dollars.
The hike in gas price would also lead to a rise in the cost of fertiliser production and power generation. However, fertiliser prices will not increase as the government subsidises the sector.
Do you think this would really work .......