Question : INCREASE IN NATURAL GAS PRICE

(a) whether revenue of Oil and Natural Gas Corporation (ONGC) and Oil India Ltd. (OIL) is likely to go up after the Government has approved the proposed increase of 31.25 per cent in the price of natural gas;

(b) if so, the details thereof; and

(c) the likely impact of the increase on consumers thereof?

MINISTER OF THE STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI JITIN PRASADA)

(a) to (c): Revision of price of natural gas produced from nominated blocks of Oil and Natural Gas Corporation (ONGC) and Oil India Ltd. (OIL) is under consideration of the Government.