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Gas suppliers face fickle government policy paradigm
Aug 27: The pooled price mechanism and a finetuning of the domestic gas allocation matrix have changed the indigenous v.LNG usage pattern among key gas consumers in India
8These changing demand dynamics are to a very large extent dependent on government policies.
8And these policies are fickle
8There is hope that gas based power stations may get a new lease of life as they switch away from being base load stations, given the massive infusion of renewable power.
8Similarly, it is government-pushed investment in urea units which is creating demand for extra gas for fertilizers
8What if allocation priorities change, as is possible in case of city gas distribution?
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