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 …

The post Govt notifies 20% premium pricing for Gas from new wells; boost to ONGC appeared first on Energy Asia.

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