• Adani Gas slashes PNG, CNG prices

    A day after the Union ministry of petroleum and natural gas cut prices of domestically-produced natural gas, city gas distribution company Adani Gas Ltd reduced prices of piped natural gas (PNG) and compressed natural gas (CNG) on Saturday.

    The company slashed prices of PNG for domestic households by Rs 13.81 per metric million british thermal unit (mmbtu) to Rs 510.15 per mmbtu (approx Rs 19.43 per cubic metre). Earlier, the price was Rs 523.96 per mmbtu (Rs 19.96 /cubic metre) excluding VAT.

    CNG prices have been reduced by Rs 1.10 to Rs 44.70 a kg from Rs 45.80 a kg including all taxes. The new prices are effective from October 1, 2016. Martin Havlat Jersey

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