Advertisement

Business

Updated on: Thursday, May 30, 2019, 09:06 AM IST

Natural gas price likely to be hiked by 8%

Advertisement

New Delhi : Natural gas price in India is likely to be hiked by 8 per cent from April 1 driven by an increase in rates in reference markets including US Henry Hub.

Price of natural gas, used for generating power and making fertiliser and petrochemicals as well as CNG for automobiles, is likely to rise to USD 2.7 per million British thermal unit for the period from April 1, 2017 to September 30, 2017 from current USD 2.5 per mmBtu, industry sources said.

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Advertisement
Published on: Monday, February 20, 2017, 08:23 AM IST
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement