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Rangarajan Panel Mulls Complex Gas Pricing Formula

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The Rangarajan Committee is believed to have suggested a complex pricing formula that will lead to near doubling of natural gas price to about US $8.

The six-member panel, which submitted its report to the Prime Minister’s Office on December 20, is believed to have suggested pricing of natural gas based on weighted average of the fuel in North America, Europe and Japan markets as well as imported liquefied natural gas (LNG)……..Read More

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