Germany reaches gas storage target for winter ahead of schedule
In response to disrupted gas supplies from Russia, the German government has rapidly constructed terminals for liquefied natural gas (LNG) and introduced energy-saving measures.
In response to disrupted gas supplies from Russia, the German government has rapidly constructed terminals for liquefied natural gas (LNG) and introduced energy-saving measures.
Gas distributors have been periodically raising prices since October last year when domestic as well as international gas prices started to climb.
We compute a steep increase in domestic gas price to US$6.6-7.6/mn BTU for 1HFY23E, driven by the recent steep increase in global gas prices and anticipated higher futures curve in the coming months,"
The government has raised the natural gas price by 6 per cent to its highest level in two years, a move that will result in higher CNG and cooking gas prices.
India on Friday marginally cut the natural gas price paid to producers to $2.48 per million British thermal unit (mbtu),…
