(a) whether the Economic Advisory Council has fixed the price of gas to be extracted from
Krishna-Godavari (KG) Basin by Reliance;
(b) if so, the details thereof;
(c) whether certain norms/basis were followed while determining the said price;
(d) if so, the details of the said norms/basis; and
(e) the rate at which other gas providers/sellers are selling gas?
MINISTER OF THE STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI DINSHA PATEL)
(a) to (d): The Government has constituted an Empowered Group of Ministers (EGoM) to
consider issues related to gas pricing and commercial utilization under the NELP regime.
(e) Prevailing gas prices under NELP blocks/ Joint Ventures/ Private Producers are as under:
Field Gas price
Panna-Mukta and Tapti 3.96, 4.75 and 5.58 US$ per MMBTU Ravva Field 3.50 US$ per MMBTU
Ravva Satellite 4.30 US$ per MMBTU Hazira 3.24 US$ per MMBTU CB-OS/2 3.68 and 4.45 US$ per MMBTU Dholka Rs.2 per SCM CB-ONN-2000/2 (NSA, Bheema) 3.45 US$/1000 cubic feet