Gas pricing policy News
The new price formula and calibrated marketing freedom for gas produced from fields in difficult terrain could help attract investments in India's oil and gas sector, said Standard & Poor's Ratings Services.
Key oil and gas sector reforms like diesel deregulation and a new gas pricing policy will have a positive impact on companies engaged in fuel retailing and gas production, says a report by Fitch Ratings.
A gas price of over USD 6.5 per million British thermal unit is a prerequisite for early monetisation of discoveries made by Reliance Industries, Deutsche Bank said.
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