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India Set To Hike Natural Gas Price In October Revision
A global surge means Indian is set for a gas price hike in October revision.
24 Sep 2021, 08:41 AM IST
Gas price in India is expected to rise in October revision as energy costs increase around the world on a recovery in demand from the worst of the Covid-19 lockdowns.The Japan Korea Marker, an international spot market benchmark, has jumped more than 5.6 times in the last one year, according to Bloomberg data. JKM Futures were at a record $27.15 per metric million British thermal unit on Sept. 21.Global gas prices surged in the past ...
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