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The domestic natural gas pricing guidelines which were announced on 10 January 2014 were later deferred due to the Model Code of Conduct that had been effected in the country at that time.
The Cabinet Committee on Economic Affairs today decided that the comprehensive discussions were necessary on the issue and the guidelines. It was decided that consultations would be held with all stakeholders and it was important to keep public interest in mind.
Therefore, the CCEA has deferred this issue for a period of three months.
Domestic natural gas pricing guidelines deferred for further stakeholder consultations to protect public interest. The Cabinet Committee on Economic Affairs deferred the domestic natural gas pricing guidelines for three months to allow broader stakeholder consultations, citing the effect of the Model Code of Conduct on the earlier announcement and emphasizing that any pricing framework must account for public interest considerations.Press 'Enter' after typing page number.