India raises the government-notified ceiling price for natural gas from difficult fields to $9.89 per million British thermal units (MMBtu), up from $8.90. The change applies to gas produced from difficult areas, including supplies linked to offshore blocks such as Reliance-BP’s KG-D6.
The revised ceiling is part of the government’s policy framework that gives marketing and pricing flexibility for gas from such fields, while still keeping prices within an official cap. Other sources note that the adjustment is scheduled for a defined period—October 2026 to March 2027.
Across the reports, there is also agreement that the cap for APM (Administered Price Mechanism) gas—covering legacy supplies from ONGC and Oil India—remains at $7 per MMBtu. The articles differ mainly in emphasis: some focus on the ceiling increase and its implications for offshore producers, while others highlight the policy mechanics and the unchanged APM cap for legacy fields.
