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Economy News

News on Indian Economy and Sectors, which have impacts in the market.

Domestic natural gas price fixed at $6.89 per mmbtu for July

01-Jul-25 14:38Hrs IST

The oil ministry has increased the price of domestically produced natural gas for July 2025 to $6.89 per million British thermal units or mmbtu on a gross calorific value (GCV) basis. The price, effective July 1, marks a 7.5% from the price of $6.41 per mmbtu last month. The government reviews the domestic natural gas rate on a monthly basis. As part of the monthly revision, the price of natural gas from legacy fields operated by state-owned companies was increased to USD 6.75 per mmbtu, up from USD 6.41 per mmbtu.

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