Rakesh Kapur

Reliance wants price of $8.3 mmBtu for gas supply to fertilizer firms

Reliance IndustriesReliance Industries Ltd (RIL) has said that it is seeking a price of $8.3 per million metric British thermal unit (mmBtu) rate for gas supply to fertiliser companies.

The company had agreed to supply gas to fertiliser companies at 4.2 mmBtu rate after a meeting in the previous week even as it concluded its agreement with firms on 31 March. The company officials have indicated that another round of negotiations are expected to follow with the fertilizer firms on the matter.

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