Government Raises Price Cap on Deep-Sea Gas to $9.89 per MMBtu
The government has increased the price ceiling for gas from challenging fields like Reliance-BP's KG-D6 block to $9.89 per MMBtu for the period October 2026 to March 2027, up from $8.90. However, APM gas from ONGC and Oil India's legacy fields remains capped at $7 per MMBtu, with new-well gas allowed a 10% premium up to $7.70.
Economic Times·



