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  • Sep 18, 2014
  • Gas pricing panel discussion today, $6-7 per unit likely

    Anticipation on the revised gas pricing policy is building with oil minister Dharmendra Pradhan, expected to discuss the report submitted by the panel of secretaries with officials on Thursday. Thereafter, the ministry’s final recommendation will be forwarded to the Prime Minister Narendra Modi-headed Cabinet Committee on Economic Affairs (CCEA) for approval, a senior ministry official told FE.The panel of secretaries constituted in August to look at the much-touted gas pricing formula submitted its report on Tuesday evening. Petroleum ministry officials, however, are tight-lipped on the recommendations as they await Pradhan’s return from his four-day visit to Vietnam.

    Source - http://www.financialexpress.com