- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
India Okays Price Parity Between Coalbed Methane and Natural Gas
Mining Weekly reported that according to an official with India’s Ministry of Petroleum and Natural Gas, the country’s government has agreed to a proposal for coalbed methane operators to “price their production on par with domestic natural gas.”
Mining Weekly reported that according to an official with India’s Ministry of Petroleum and Natural Gas, the country’s government has agreed to a proposal for coalbed methane operators to “price their production on par with domestic natural gas.”
It’s expected that a uniform gas price will force coalbed methane operators to lower their prices.
As quoted in the market news:
However, the pricing parity would only be effective after the government revised natural gas pricing, which has been hanging fire in the last year, the official said.
The price parity approval would be effective in the case of three CBM operators, Great Eastern Energy, Essar Oil and ONGC Limited. The approval in the case of Reliance Industries Limited (RIL) has been withheld with the government seeking additional information from the company.
Great Eastern Energy operated the Raniganj South block, Essar Oil the Raniganj East block and ONGC the Jharia block, all in eastern India.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.