India has increased the price of its locally produced gas from oil fields to $6.75 per mmBtu for April. This revision is the first in two years. The ceiling price for gas from difficult fields has also been adjusted to $10.04 per mmBtu for April-September. Higher prices will affect industrial buyers, fertiliser companies, and city gas distribution sectors.
Domestic natural gas price for April up 25 cents to $6.75/mmbtu
