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Gas pricing reform in India: will it transform the gas landscape?

Abstract:
In November 2014, India implemented an unprecedented reform of domestic gas pricing. Under the reform, India’s gas price (formerly controlled by the government at $4.20/MMBtu) became linked to a volume-weighted average of world gas prices – US Henry Hub, UK NBP, Alberta Gas Reference price, and the Russian domestic gas price. The price is to be reset every six months, based on a twelve month trailing average with a lag of one quarter.
Publication status:
Published
Peer review status:
Peer reviewed

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Authors


Anupama Sen More by this author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Journal:
Oxford Energy Forum
Volume:
101
Pages:
15-17
Publication date:
2015-09-28
ISSN:
0959-7727

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