SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

PNGRB recommends lower marketing margin on gas

26 Feb 2015 Evaluate

Oil regulator, the Petroleum and Natural Gas Regulatory Board (PNGRB) has recommended a range of Rs 150-200 per thousand cubic meters of gas ($ 0.115 per million British thermal unit) as a marketing margin for domestic gas being supplied to fertilizer and LPG plants.

The PNGRB’s recommendations to the Ministry of Petroleum and Natural Gas are under examination and after a decision is taken in the matter, the same will be intimated to the Department of Fertilizers, but they are about 11.5 cents, less than what state-run GAIL and Reliance Industries currently charge from gas users. Presently, marketing margins charged by producers and sellers of gas range from 11 cents to 20 cents per mmBtu. RIL charges 13.5 cents per mmBtu as marketing margin over and above the government-set price of $4.205 for its eastern offshore KG-D6 gas, while State-owned gas utility GAIL India charges Rs 200 per thousand cubic metres as marketing margin.

The regulator who submitted its recommendations to the Ministry on January 20, 2015, had last year on January 21 called for bids from consultants 'to assist it in the  task of determination of marketing margin for supply of domestic gas to urea and  LPG producers for recommending this to the government.” The Ministry of Petroleum and Natural Gas had decided that government needs to regulate the marketing margin  for supply of domestic gas to urea and LPG producers, as the same has  implications on government subsidy outgo as both urea and LPG are subsidised.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×