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Gas pooling: Lukewarm response in 3rd round of auction

Bids for 7.2 million metric standard cubic meters per day (mmscmd) were placed in the third round, whereas the government was seeking bids for 8.9 mmscmd in this round. The indicative price in the auction was at USD 7.2-7.5 per mmbtu.

first published: Mar 15, 2016 09:34 pm

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