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BQ Survey: India Seen Cutting Natural Gas Prices By Most In Six Years
The price cut could hinder the earnings of producers like Oil & Natural Gas Corporation and Oil India.
17 Mar 2020, 10:32 AM IST
India is expected to cut domestic natural gas prices by most in six years, hurting the earnings of producers like Oil & Natural Gas Corporation Ltd. and Oil India Ltd., according to a BloombergQuint survey.The government could cut gas prices—for the second time in three years—to $2.48 per million British thermal units for six months starting April 1, according to the consensus of 15 estimates from analysts, companies, and agencies co...
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