India to hike local gas prices to $6.1 per mmBtu from Friday: Report

 India will raise the price of locally produced gas from old fields for April-September 2022 to a record high $6.1 per million metric British thermal units (mmBtu) compared to the current $2.90/mmBtu, sources said on Wednesday.

The country will raise the ceiling price for gas produced from more challenging fields to $9.92 per mmBtu for April-September from $6.13 per mmBtu.