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The Economic Times

Economy / The Economic Times

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Deep-sea gas becomes costlier as government raises price ceiling

The government has raised the ceiling price for gas from difficult fields such as Reliance-BPs KG-D6 block to $9.89 per MMBtu for October 2026-March 2027, from $8.90 earlier. Meanwhile, APM gas from ONGC and Oil Indias legacy fields remains effectively capped at $7 per MMBtu, with new-well gas eligible for a 10% premium up to $7.70.

4 Oct 2026 12:01 pm