This surge is attributed to decreased Administered Pricing Mechanism (APM) gas allocations to the City Gas Distribution (CGD) sector and elevated global LNG prices, which have collectively driven market participants to seek alternative sources of supply.
The Gas Index for October 2024 (GIXI) stood at Rs 1098/ $13 per MMBtu, reflecting a 4 per cent decrease from the previous month. Regional variations were observed, with GIXI-South at Rs 986/ $11.7 per MMBtu and GIXI-West at Rs 1102/ $13.1 per MMBtu.
In contrast, international gas benchmark prices showed an upward trend, with the Henry Hub (HH) averaging ~ $2.6/ MMBtu (up by 9 per cent MoM) and the Title Transfer Facility (TTF) at $12.9/MMBtu (up by 13 per cent MoM). The LNG benchmark index for WIM-Ex Dahej settled at ~14.3 $/ MMBtu, a 1 per cent MoM decrease.
هذه القصة مأخوذة من طبعة November 08, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 08, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Sense and Sensibility
A book fair is almost like its country cousin
Folk horror set in Northeast India to premiere at Rotterdam film fest
The festival will be held from January 30 to February 9, 2025
'Wicked' tops 31st Screen Actors Guild Awards nominations
The SAG Awards are arguably the most telling Oscar forecast there is
Final season of 'Harlem' to release on January 23
From creator and writer Tracy Oliver ('Girls Trip'), 'Harlem' S3 will follow the core four women on the precipice of change like never before
Manoj reveals he struggled to adjust to stardom
In 2024, Manoj appeared in five projects, including a streaming series, most of which were released directly on OTT platforms
Payal Nominated for DGA Award
She got a nod in director category
'Gambhir isn't right for India job
Former India batter Manoj Tiwary on Thursday said current national team head coach Gautam Gambhir is “not the right choice” for the top job and he is only adept in mentoring IPL franchises, citing the side’s recent struggles to support his remarks.
Bumrah the man for captain's role, believes Gavaskar
The legendary Sunil Gavaskar is in awe of Jasprit Bumrah’s leadership qualities and reckons the peerless fast bowler will succeed Rohit Sharma as the next captain of the Indian team following his extraordinary display in the Border-Gavaskar Trophy.
Djokovic on collision course with Alcaraz
AUS OPEN DRAW: SABALENKA FACES STEPHENS IN RD 1
No Harman, no worries as Smriti to lead India vs Ireland
Riding high on a dominant performance against West Indies, India under Smriti Mandhana will look to carry forward their winning momentum when they take on Ireland in the first-ever women's bilateral series, with the opening ODI scheduled here on Friday.
