A new PwC report has sounded a cautionary note on India's natural gas market, questioning whether current exchange-based price discovery can truly anchor long-term investments in pipelines, LNG terminals, and power generation.

This company took up a production enhancement programme from ONGC And it was a risky15-year deal But in a few months, the company is all set to make money on it. Was the plan set up too easy by ONGC? Or is the contractor to be given credit?

PNGRB’s own analysis shows LNG at Rs 1,571/MMBTU versus diesel at Rs 2,583/MMBTU. Yet with only 700 LNG trucks and 20 retail stations nationwide, the economics aren’t translating into reality.