Page 8 - Natural Gas Price
Natural gas production loss-making after gas price cut: Rating agencies
Natural gas production in India remains a loss-making proposition for most fields after the government cut gas price by a steep 25 per cent, rating agencies said
 "Natural gas production loss-making after gas price cut: Rating agencies")
Market Ahead, October 1: All you need to know before the opening bell
Cinema and leisure related stocks are expected to trade actively today after the central government announced Unlock 5.0 guidelines
 "Market Ahead, October 1: All you need to know before the opening bell")
Govt slashes natural gas price by 25% to $1.79, rate now lowest on record
Natural gas price in India touched the lowest rate on record after the government on Wednesday slashed the price by 25 per cent to $1.79, denting revenues of producers like ONGC
Natural gas prices may be cut to decade low of $1.9; dent ONGC revenues
This will be the third straight reduction in rates in one year. Prices were cut by a steep 26 per cent to $2.39 per mmBtu in April.
 "Natural gas prices may be cut to decade low of $1.9; dent ONGC revenues")
India's maiden natural gas exchange to start operations on Monday
Based on the IGX business model, each member will have to pay for its membership, an annual fee and a transaction fee.
 "India's maiden natural gas exchange to start operations on Monday")
India to launch maiden, automated natural gas trading platform on Monday
Oil Minister Dharmendra Pradhan will launch the Indian Gas Exchange (IGX) to kickstart natural gas trading
Delhi, adjoining cities see price cut in CNG, piped cooking gas
Natural gas gets converted into CNG on compression and is also supplied for lighting cooking stoves through pipes.
 "Delhi, adjoining cities see price cut in CNG, piped cooking gas")
Govt cuts domestic natural gas price by 26% for first half of FY21
The rate for gas produced from difficult fields will be $5.61 mBtu on gross calorific value basis.
 "Govt cuts domestic natural gas price by 26% for first half of FY21")
Natural gas prices in India likely to be cut by steep 25% from April
This will be the second reduction in six months and will reduce rates to the lowest in two-and-half-years
 "Natural gas prices in India likely to be cut by steep 25% from April")
CNG, piped cooking gas rate gets cheaper in Delhi, adjoining towns
Compressed natural gas (CNG) sold to automobiles has been reduced by Rs 1.90 per kg in Delhi and by Rs 2.15 per kg in Noida, Greater Noida and Ghaziabad, the company said in a statement
12.5% cut in natural gas price is credit negative for ONGC: Moody's
The decline in natural gas revenue and earnings will have a limited effect on ONGC's metrics for fiscal 2020
 "12.5% cut in natural gas price is credit negative for ONGC: Moody's")
Will barely break even at new natural gas price, says ONGC chairman
ONGC has long complained that gas price is unremunerative and it incurs the loss on the business
 "Will barely break even at new natural gas price, says ONGC chairman")
Domestic natural gas prices all set to rise to the highest level in 2 years
The increase in price will boost earnings of producers like Oil and Natural Gas Corp (ONGC) and Reliance Industries but will also lead to a rise in CNG price, which uses natural gas as input
Domestic natural gas price falls to $2.5 per unit
Due to a drop in international prices, the domestic prices, too, dropped since then
 "Domestic natural gas price falls to $2.5 per unit")
Natural gas price cut by 20%
More than double of $3.06 new notified price for natural gas produced from other fields
 "Natural gas price cut by 20%")