Mahanagar Gas hikes CNG, PNG prices by Rs 2 each

Given the massive increase in supply side cost, the company is constrained to increase the base price of CNG by Rs 20/kg and domestic PNG by Rs 2/SCM in and around Mumbai, MGL said in a statement. Noting that the re-gasified liquefied natural gas price is also at a historical high now, MGL said these combinations have resulted in a significant increase in the cost of gas being procured by it.

from Energy-Industry-Economic Times https://ift.tt/2WFR1LT