Gas price for Reliance-bp cut by 3%, domestic rates remain unchanged

The ceiling price for natural gas from deepsea and difficult fields has been cut by 3% to USD 9.72 per MMBtu for six months starting October 1. Meanwhile, rates for gas from legacy fields remain unchanged at USD 6.75 per MMBtu, adhering to a price ceiling despite a higher calculated rate. This impacts operators like Reliance-BP and state-owned firms.

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