Summary
Urea manufacturers in the country received natural gas at a uniform pooled price of Rs 622.47 per MMBtu in June this year, Parliament was informed today. "Natural gas (both domestic and imported RLNG) is being supplied to all the 25 urea units connected by the natural gas grid at a uniform pooled price. The uniform pooled price of gas for the month of June 2015 is Rs 622.47 per MMBtu (GCV basis)," Minister of State for Chemicals and Fertilisers Hansraj Gangaram Ahir said in a written reply to Lok Sabha.
Each proposed urea project to be set up under New Investment Policy (NIP)-2012 and its announcement thereof, would require 2.4 MMSCMD of natural gas. He also ......