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The Indian government has granted Oil and Natural Gas Corporation (ONGC) permission to charge a 20% premium over the administrative price mechanism for gas produced from new wells and nomination fields
Right after breaking the grain export deal with Ukraine, the Russians resorted to cutting gas to the countries that are supporting Ukraine in the war.
As far as the 19KG commercial cylinder is concerned its price has also lead to an increment of ₹75 per cylinder.
GAIL India to achieve a 500 per cent jump in its June belt net gain on higher sales and margin boost on gas and petrochemicals. Net earnings of Rs 1,529. 92 crore in April-June was up from Rs 255.51 crore within the equal duration a year back.