The Cabinet on February 1 approved determination of marketing margin on supply of domestic gas to fertiliser units for the period from May 1, 2009 to November 17, 2015. The marketing margin is charged by gas marketing companies from consumers over and above the cost of gas for taking on the additional risk and cost associated with marketing of gas. …
The Cabinet Committee on Economic Affairs on Wednesday approved the guidelines for natural gas marketing, which will be applicable to natural gas producers. Sources in the government said the main thrust of the guidelines is to provide better price discovery of natural gas through competitive method, which is expected to lead to uniform gas pricing. The government has allowed complete …
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