New Delhi: The government on Monday fixed the price of domestic natural gas at $6.89 per million British thermal units (mmBtu) on gross calorific value (GCV) basis for the month of July 2025, according to a notification issued by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas.
The pricing has been determined in accordance with the MoPNG Notification No. L-12015/1/2022-GP-II dated April 7, 2023, which prescribes the procedure for revision of domestic gas prices.
As per Paragraph 4 of the same notification, the gas produced by ONGC and OIL from their nomination fields will be subject to a ceiling of $6.75 per mmBtu on GCV basis during the same period.
The revised pricing is applicable from July 1 to July 31, 2025, and will be used for all calculations related to natural gas sales by producers for the period mentioned.
The information has been communicated to ONGC, OIL, GAIL, and the Directorate General of Hydrocarbons (DGH). A copy of the communication has also been marked to officials at the Ministry of Petroleum and Natural Gas for further dissemination.
The domestic gas price and the APM ceiling rate are reviewed and notified on a monthly basis in accordance with the guidelines issued by the ministry. The prices serve as a key benchmark for determining gas tariffs for fertiliser, power, city gas distribution (CGD), and other consuming sectors.
The natural gas price of $6.89 per mmBtu for July 2025 is consistent with the cap-based pricing regime introduced by the government in April 2023, which seeks to provide a stable pricing framework while protecting the interests of both producers and consumers.
The ceiling price of $6.75 per mmBtu for APM gas is applicable to volumes produced from nomination fields of ONGC and OIL, which account for a significant portion of India’s domestic gas output.
The gas price notifications are a part of the government’s efforts to ensure transparent and regular communication of price benchmarks, which are critical for long-term contracts and planning across key industrial sectors.
