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India Raises Deepwater Gas Price Ceiling, Keeps Legacy Cap at $7 | Lavamgam

Energy

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India Raises Deepwater Gas Price Ceiling, Keeps Legacy Cap at $7

India has raised the ceiling price for difficult-field natural gas to $9.89 per MMBtu, from $8.90, while leaving the cap on gas from ONGC and OIL’s legacy fields at $7 per MMBtu. The higher ceiling applies from October 2026 through March 2027.