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The Economic Times

Economy / The Economic Times

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Plea for pooled gas gains steam amid renewed tensions in West Asia

City gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia. The mechanism was previously withdrawn after a perceived easing of regional tensions. Companies are now seeking mid-term purchases to bridge supply gaps. A revival of pooled gas could stabilize prices for consumers and businesses.

19 Aug 2026 12:28 am