Reliance seeks bids for gas from coal bed methane block in Madhya Pradesh

Bidders are expected to quote a price in terms of percentage of the Dated Brent, which would be the average of Platts’s benchmark rates for three months preceding the supply month. Bids cannot be lower than 9.5% of the Dated Brent.

from Energy-Industry-Economic Times https://ift.tt/3qOSucF