ONGC seeks minimum $4 for CBM gas, $3.5 for gas in northeast

ONGC is seeking a minimum price of USD 3.5-4 for the natural gas it plans to produce from coal seams in Jharkhand and a field in Tripura. For the CBM gas, it asked buyers to quote a percentage equal to or higher than 8 per cent of Dated Brent Price, according to the tender document.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...