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APM GAS ALLOCATION
Govt brings incentive scheme to accelerate household piped gas connectionsA new government incentive scheme aims to accelerate piped natural gas connections. Eligible companies will receive cheaper gas for new hou...- Domestic natural gas prices may fall in June on crude oil declineDomestic natural gas prices in India are expected to decrease next month, potentially lowering costs for consumers of CNG and PNG. This pri...
- ONGC's cheaper APM gas supply falls, costlier new well supply doubles for city gas distributorsIndia's ONGC faces declining natural gas production from aging fields, impacting CNG and piped gas supplies to city distributors like IGL a...
- Govt cut cheaper APM gas supply to CNG retailers IGL, MGL, Adani Total GasThe government has decreased the supply of lower-cost APM gas to city gas distributors like Indraprastha Gas Ltd by up to 20%, substituting...
- IGL, MGL shares tumble up to 7% after changes in domestic gas allocationsThe shift, driven by reduced domestic gas availability and changing supply dynamics, is likely to impact profitability for these companies,...
- Government partially restores gas supply to IGL, Adani-TotalThe government has increased the supply of cheaper gas to city gas retailers like IGL, Adani-Total, and Mahanagar Gas. This move restores a...
- Adani Total Gas shares in focus after 20% hike in APM gas allocationAdani Total Gas is set to experience a 20% increase in its APM gas allocation from January 2025, which will stabilize retail prices. This c...
- City gas cos feel the heat as domestic gas share shrinksCity gas companies are receiving less cheaper domestic gas due to government cuts and new pricing policies. APM gas allocation has been red...
- City gas cos' stocks in the red as govt cuts APM quotasIGL plunged 19.8% to ₹325, its lowest closing since March 2020. MGL tumbled 13.8% to ₹1,130.55, the lowest closing since June 2023. Gujarat...
- CNG retailers want price hike, govt wants to see costCity gas companies in India, including IGL and Adani Total Gas, are considering raising CNG prices due to reduced supplies of cheaper natur...
- Increase in consumption of PNG amid stabilising prices, says Adani Total GasAdani Total Gas reports a 7% Y-o-Y increase in PNG volume in Q2FY25, driven by stabilization in gas prices, an expanded domestic segment wi...
- Lower APM gas allocation to raise cost of city gas cos by Rs 2-3/kg: CrisilCity gas distribution companies are set to face a rise in gas procurement costs by Rs 2-3 per kg due to a 20% reduction in APM gas allocati...
- IGL, MGL shares nosedive up to 15% after APM gas allocation cutShares of city gas distribution (CGD) companies, including Indraprastha Gas and Mahanagar Gas, experienced significant declines of up to 15...
- Mahanagar Gas may raise prices if subsidised supply drops moreCompanies including Indraprastha Gas, Gujarat Gas , Mahanagar Gas have seen their margins squeezed because the allocation of natural gas so...
- CNG prices may pinch as cheap gas quota is cut sharply for distributorsThe government allocates price-controlled domestic gas, or APM gas, to city gas distributors for further sale to CNG drivers as well as to ...
- Government modifies gas allocation order, imported LNG to meet rising city gas demandTill now, city gas entities were allocated natural gas from older fields, called the regulated or APM gas. To promote the sector, the Cabin...
- GAIL says has cut gas supplies to Gujarat units on Oil Ministry orderGAIL said the changes had also impacted gas supplies to its own petrochemical plant, which is undergoing a cut of up to 88 per cent.
- Gujarat industries accuse GAIL of taking arbitrary actionGAIL on September 27 slashed gas supplies to 30 small industries in South Gujarat to meet fuel requirement of CNG and piped cooking gas sup...
- Oil Ministry cuts natural gas supplies to small industry in GujaratAPM gas or regulated production of ONGC/OIL to 30 small industries in South Gujarat was late last month cut by almost 60 per cent.
- Power, oil secretaries to meet PMO on gas price poolingThe meeting is likely to decide the contours of the mechanism that will be placed before the Union Cabinet for approval, a senior governmen...
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