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CGD companies are facing huge problems which are affecting their profitability
~ Higher domestic gas prices from producers ( $2.9 to $6.1)
~ Not getting fully from domestic supplier, have to import which are 6X costly
#GAIL #ONGC #GUJRATAGAS #ADANITOTAL #ADANIGAS #ATGL #RIL
~ Higher domestic gas prices from producers ( $2.9 to $6.1)
~ Not getting fully from domestic supplier, have to import which are 6X costly
#GAIL #ONGC #GUJRATAGAS #ADANITOTAL #ADANIGAS #ATGL #RIL
~ Govt has not allocated supplies from domestic supplier to CGD since April-21
Companies which will affect Adani Total Gas, Mahanagar Gas, Indraprasth Gas, Gujarat Gas
google.com/amp/s/energy.e…
Companies which will affect Adani Total Gas, Mahanagar Gas, Indraprasth Gas, Gujarat Gas
google.com/amp/s/energy.e…
While producer like RIL & ONGC will benefit from recent gas price increase
Natural Gas price increased from $2.9 mBtu to $6.10 mBtu
This will increase earings of ONGC by ₹23000cr & of RIL by ₹15000cr
m.economictimes.com/industry/energ…
Natural Gas price increased from $2.9 mBtu to $6.10 mBtu
This will increase earings of ONGC by ₹23000cr & of RIL by ₹15000cr
m.economictimes.com/industry/energ…
