Indian Government’s New Gas Pricing Formula to Boost Production

The new gas pricing policy and regulated marketing freedom announced by the Indian government for gas produced from fields in difficult terrains is a move in the right direction to boost production in India. However, given the prevailing low prices of oil and gas globally and a veiled cap on gas prices as per the new formula, it is likely to limit investment from explorers in the medium term.

Read Full News At: http://www.researz.com/indian-governments-new-gas-pricing-formula-boost-production

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