The cost of natural gas, which is used to generate power, fertiliser, and compressed natural gas (CNG), shot up by 40% on Friday
The price paid for gas produced by old fields was raised by an order from the Oil Ministry's Petroleum Planning and Analysis Cell.
ranging from USD 6.1 per million British Thermal Units to USD 8.57 per million BTUs, which make for around two-thirds of the country's total gas production (PPAC).