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New domestic price for gas: ONGC and OIL still makes money
Nov 17:   The domestic gas priced fixed as per the Modified Rangarajan formula is at a new low now.
8The gas prices presently are USD 2.50 /mmbtu on Gross Calorific Value (GCV) basis up to March, 2017.
8Even at these prices, ONGC and OIL are not making losses
8Find out the latest production costs of these two companies
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