Gas price for Reliance cut by 18 to 10 rate for gas that feed CNG PNG supplies unchanged at 6.5
(This story has not been edited by THE WEEK and is auto-generated from a PTI
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(This story has not been edited by THE WEEK and is auto-generated from a PTI
Reliance: For the six-month period starting October 1, the price of gas from deep sea and high-pressure, high-temperature (HPTP) areas has been cut to USD 9.96 per million British thermal unit from USD 12.12, oil ministry's Petroleum Planning and Analysis Cell (PPAC) said in a notification.
India's Oil Routes: From April to July 2023, the increase was even more significant at 126.94%, underscoring Russia's reinforced position in India's oil landscape.
Russia has emerged as a major supplier of oil to India in the past 18 months as the country offered discounted oil amid sanctions from the West in reprisal for its invasion of Ukraine.
Crude Oil Consumption India: Public sector undertakings and joint ventures (PSU/JV) were responsible for refining 14.7 MMT, while private refiners processed the remaining 7.2 MMT.