Indian govt panel favours ending control on pricing of gas from old blocks from 2027

Indraprastha Gas

30/11/2022 07:48

Nov 30 (Reuters) - An Indian government panel has
recommended ending control on pricing of gas output from old
blocks from January 2027, the head of the panel, Kirit Parikh,
said on Wednesday in an interview with CNBC TV18.
    Output from old blocks account for about 80% of India's
annual gas output of 91 billion cubic metres. 
    Parikh also confirmed other panel recommendations reported
by Reuters on Tuesday. 
 (Reporting by Nidhi Verma and Shivam Patel in New Delhi;
Editing by Himani Sarkar)
 ((Shivam.Patel@thomsonreuters.com;))