Signal · Supply Chain & Logistics
Deep-sea gas becomes costlier as government raises price ceiling
What the source reported
Source-reportedThe government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October 2026-March 2027, from $8.90 earlier. Meanwhile, APM gas from ONGC and Oil India’s legacy fields remains effectively capped at $7 per MMBtu, with new-well gas eligible for a 10% premium up to $7.70.
- Publication
- The Economic Times - Industry · Trade Publication
- Published
- 4th October 2026
- Original report
- economictimes.indiatimes.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supply Chain & Logistics
- Geography
- India
- Organisations
- None identified
- Collected
- 4th October 2026 · 08:05
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Low (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth