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    • New pricing mechanism may bring immediate cost benefits to CGD firms

      They may, however, lose the lower price advantage of a cheaper Henry Hub gas in the medium term, said analysts. Between October 2015 and March 2023, APM gas prices was higher than the new price ceiling of $6.5 just once and was above the floor of $4 on four occasions out of 17 price fixations.

    • CLSA commentary fires up Indraprastha Gas, Mahanagar Gas and Gujarat Gas shares

      “The return of pricing power will bring back earnings stability and growth similar to FY16-20 and once again make IGL and MGL attractive,” CLSA pointed out.

    • Gas sector gets a much-needed fillip

      Till date, only 11 percent of the country, which accounts for 19 percent of the population, is covered by gas infrastructure

    • PM Narendra Modi lays foundation stone for city gas work in 122 districts

      Keen to cut emissions through a greater share of environment friendly natural gas as auto and cooking fuel, Modi also launched the 10th round of bidding for award of city gas licenses in 124 new districts, which have been clubbed into 50 Geographical Areas (GAs).

    • Long-term deals will be in sync with crude: GAIL

      "The long-term deals will be in sync with the oil, the way oil prices goes but you won‘t see the immediate impact because it has last three months or last 12 months average price of crude oil", BC Tripathi, CMD of GAIL told CNBC-TV18 in an interview.

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