Oil & Gas
Govt notifies 20% premium pricing for Gas from new wells; boost to ONGC
The Ministry of Petroleum and Natural Gas (MOP&NG) has officially notified the allocation of natural gas produced from new wells or through well interventions in the nomination fields of ONGC and Oil India Limited (OIL) at a 20% premium over the Administered Price Mechanism (APM) price. This move, in accordance with the recently outlined guidelines …
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