Domestic Gas Price: Positive for user industries but dampener for production

Oct 02, 2015 | 11:04 AM IST

Impact analysis on sector wise: Upstream Sector: Reduction in domestic gas price to disincentivise upstream exploration and development Power Sector: Domestic gas based cost of power generation to decline by about 11%; remains sensitive to both volatility in international gas price & INR-USD exchange rate Fertiliser Sector Lower gas prices should reduce the subsidy burden for GoI by Rs. 12-13 billion: City Gas Distribution Sector CNG and PNG (domestic) prices to decline, strengthening their competitiveness against auto-fuels and LPG (domestic) respectivelyRead More>>

 

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