.. Despite Price Hike, Gas Production Remains Loss-making Proposition In India: Icra
Request you to kindly drop in all your mails/queries to support@infraline.com or call us at
+91-120-6799125 (D); +91-120-6799100 (B)

infra-search

User Name

Password

Forgot Password?


Set as Default

Database

01 Oct 2021

Summary

  • The government may have raised the price of domestic natural gas price by 62 per cent from the existing $1.79 per million British thermal units (mmbtu) to $2.9 per mmbtu but gas production will remain a loss-making proposition for most fields and there will be limited benefit for producing companies, according to ratings agency ICRA.

  • "Increase in gas prices provides limited relief to Indian upstream producers. Even at these prices, gas production remains a loss-making proposition for most fields for the Indian upstream producers notwithstanding some decline in oil field services or equipment costs," ICRA said in a report.

  • This apart,......

Registered user use 'Login Manager' (Download) or 'Login Button' on upper right corner as the case may be (Explain?)  
 
Email Id/Login Name :