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Examples
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Eventually, it wants the price to be raised to $4.2 per mBtu, which is the one recommended by an empowered group of ministers for the gas produced from Reliance Industries 'fields in the Krishna-Godavari basin.
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According to the pact between Mukesh -- the world's fourth-richest man -- and younger brother Anil, Reliance Industries was to supply 28 million metric standard cubic meters a day of gas from the D6 block at $2.34 per mBtu to Reliance Natural for 17 years.
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NTPC claims the two companies agreed to a price of $2.34 an mBtu.
India News Digest: Lahore Attack, Polls Upset IPL Schedule 2009
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The country's largest power producer is willing to sign an agreement with RIL to purchase 2.67 million standard cu. m of gas per day (mscmd) at the $4.2 (Rs201. 60) per million British thermal unit (mBtu) price set by the government, said the executive, who didn't want to be named because of the sensitive nature of the issue.
India News Digest: BSNL Mulls Stake Sale to Foreign Investor 2009
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Financial Express Reliance to supply gas to Dabhol at $5.4 per unit NEW DELHI: Reliance Industries Ltd (RIL), engaged in a legal battle in the Bombay high court with power generator NTPC Ltd over the supply of gas, is close to signing an agreement to supply gas to Ratnagiri Gas and Power Pvt. Ltd (RGPPL), formerly known as the Dabhol Power Co., at around $5.40 an mBtu (million British thermal units) including levies.
India News Digest: Lahore Attack, Polls Upset IPL Schedule 2009
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At $4-$4.50 per million British thermal units mBtu, gas prices NGc1 have been checked as the latest drilling techniques spur production activity in shale fields.
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UBS Investment Research analysts reckon natural gas prices need to increase to $5.50-$6.00 per mBtu to justify the huge cost of tapping into shale gas.
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RIL would gain Rs 50000 crore by selling gas at $4.2 per mBtu.
WN.com - Articles related to Reliance Industries to push into power and telecom 2010
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RIL would gain Rs 50000 crore by selling gas at $4.2 per mBtu.
WN.com - Articles related to Reliance Industries to push into power and telecom 2010
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ADAG claimed that the facts were correct and that the government would be getting only Rs 500 crore while RIL would gain Rs 50000 crore by selling gas at $4.2 per mBtu.
WN.com - Articles related to Reliance Industries to push into power and telecom 2010
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