Indian govt panel favours ending control on pricing of gas from 2027

1 min read . Updated: 30 Nov 2022, 02:24 PM IST Reuters

Output from old blocks account for about 80% of India's annual gas output of 91 billion cubic metres

The Indian government panel has favoured ending control on the pricing of gas from old blocks from 2027

An Indian government panel has recommended ending control on pricing of gas output from old blocks from January 2027, the head of the panel, Kirit Parikh, said on Wednesday in an interview with CNBC TV18.

Output from old blocks account for about 80% of India's annual gas output of 91 billion cubic metres.

Parikh also confirmed other panel recommendations reported by Reuters on Tuesday.

This story has been published from a wire agency feed without modifications to the text.

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