India Sets Priorities For KG Basin Gas

摘要

Having late last year capped the price for gas from Reliance's Krishna-Godavari field at 4.20 per million Btu based on crude oil at 60 per barrel, New Delhi is now mandating the order in which different sectors will get such gas — providing a final burial for the free market terms that were to have applied to the sale of gas found in acreage allocated under the New Exploration Licensing Policy (Nelp) (WGI Dec.5,p4).