Govt greater than doubles worth of regionally produced gasoline – Occasions of India


NEW DELHI: The Centre on Thursday greater than doubled the worth of natural gas, an official assertion by the Petroleum Planning and Evaluation Cell (PPAC) stated.
Worth of locally produced gas from previous fields has been raised to a file excessive of $6.1 per million metric British thermal items (mmBtu) for the interval April-September 2022.
The value has been raised from $2.90/mmBtu until now.
The hike comes on the again of rising international power costs, in wake of the continued battle between Russia and Ukraine.
With this, regulated fields of state-owned oil companies like ONGC, Oil India Ltd and Reliance will obtain file charges for his or her produce, thereby boosting earnings.
In a separate launch, the PPAC raised ceiling worth for gasoline produced from more difficult area to $9.92 per mmBtu for April-September from $6.13 per mmBtu.

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