Compressed natural gas (CNG) and domestic piped natural gas (PNG) costs are being decreased throughout 19 different geographic areas, according to an announcement from Adani Gas Ltd. (AGL). Domestic PNG prices have been dropped by up to Rs 3.20 per sub-cubic metre (SCM) by Adani Total Gas, while CNG prices have been down by Rs 4.7 per kilogramme.
"The reduction in gas prices has been effected from 17 August 2022 across 19 geographical areas covered by ATGL, which will result in considerable savings for the lakhs of consumers we serve," Adani Gas Total in a statement said.
"Adani Total Gas welcomes the continued support of the Union Ministry of Petroleum and Natural Gas to city gas distribution companies through the recent decision to increase the allocation of domestic gas and revise downward the Unified Base Price (UBP) applicable for CNG and Home PNG," the company said in a statement.
"While market-linked imported RLNG has been witnessing volatile and significantly higher international prices, ATGL had been calibrating the pass-through of an increase in the price of RLNG or UBP to take care of consumer interests," it said.