Pradhan hints at new gas policy, says low oil prices no answer

Pradhan hints at new gas policy, says low oil prices no answer

With current pricing formula making natural gas production economically unviable, Oil Minister Dharmendra Pradhan on Friday hinted at bringing in a new gas policy as well as launching a gas exchange very soon as part of reforms to promote greater use of environment-friendly fuel in the world’s third-largest energy-consuming nation. Pradhan also said that India […]