The Ministry of Petroleum and Natural Gas (MoPNG) has notified the price of domestic natural gas for the period October 1, 2025 to October 31, 2025 as USD 6.96 per million metric British thermal unit (mmBtu) on gross calorific value (GCV) basis.
Besides, for the gas produced by Oil and Natural Gas Corporation Limited (ONGC) /Oil India Limited (OIL) from their nomination fields, the administrative price mechanism price will also be USD 6.75/mmBtu on GCV basis for the same period.
Moreover, MoPNG has also notified the gas price ceiling for gas being produced from deepwater, ultra-deepwater and high pressure-high temperature area discovery.
The price ceiling for the period October 1, 2025 to March 31, 2026 is USD 9.72 per million metric British thermal unit (mmBtu) on gross calorific value (GCV) basis.