BusinessGovernment Raises Deepwater Gas Price Ceiling to $9.89/MMBtu
The Indian government has increased the price ceiling for natural gas from deepwater, ultra-deepwater, and high-pressure, high-temperature fields to $9.89 per million British thermal units (MMBtu) for the period from October 1, 2026, to March 31, 2027. The ceiling for gas from legacy fields of ONGC and Oil India remains at $7 per MMBtu, as per the Petroleum Planning and Analysis Cell notification.
Hindu Business··New Delhi


