GAIL has opposed the government’s directive on marketing margin to be fixed by Petroleum and Natural Gas Regulatory Board (PNGRB) and argued that such a dispensation should only be applicable to domestic gas and not imported liquefied natural gas (LNG).
PNGRB will decide on the mar gin that can be charged by any gas marketing entity, including the contentious issue of the $0.135 per million British thermal unit (mmBtu) marketing margin Reliance Industries Ltd (RIL) charges on the sale of gas from its D6 block in the Krishna Godvari basin. Until now, the margins have been agreed on between the buyers and the sellers. “This issue of marketing mar gin is only for government allotted gas and not for imported gas. We have taken up the issue with the government,” CMD BC Tripathi said.
PNGRB will decide on the mar gin that can be charged by any gas marketing entity, including the contentious issue of the $0.135 per million British thermal unit (mmBtu) marketing margin Reliance Industries Ltd (RIL) charges on the sale of gas from its D6 block in the Krishna Godvari basin. Until now, the margins have been agreed on between the buyers and the sellers. “This issue of marketing mar gin is only for government allotted gas and not for imported gas. We have taken up the issue with the government,” CMD BC Tripathi said.
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