GSPC Gas further reduces gas prices for industrial consumers

After a Rs 2 per standard cubic metre (scm) reduction in prices of piped natural gas (PNG) for industrial consumers in November, state-owned GSPC Gas Company Ltd. has announced further downward revision in the prices.

GSPC Gas has reduced PNG prices for its industrial consumers from previous Rs 39.65 per scm to Rs 38.65 per scm with effect from December 16, 2014.

The state-owned GSPC Gas Company attributed the revision in natural gas prices for its industrial consumers to the recent changes in international prices.