BusinessIndia Raises Deepwater Gas Price Ceiling to $9.89 for KG-D6 Block
The Indian government has increased the ceiling price for natural gas from difficult fields, including Reliance Industries and BP's KG-D6 block, to $9.89 per million British thermal units (MMBtu). This new price will be effective for six months starting October 1, benefiting producers in challenging deepwater fields.
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