Page 38 - Policy Economic Report - April 2025
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POLICY AND ECONOMIC REPORT
            OIL & GAS MARKET

             Period                           Domestic Gas calculated    Gas price ceiling – difficult areas
                                              price in US$/MMBTU         price in US$/MMBTU
             1-31 October 2023
             1-30 November 2023                            9.20                            9.96
             1-31 December 2023
             1-31 January 2024                             9.12                            9.96
             1-29 February 2024
             1-31 March 2024                               8.47                            9.96
             1-30 April 2024
             1-31 May 2024                                 7.82                            9.96
             1-30 June 2024
             1-31 July 2024                                7.85                            9.96
             1-31 August 2024                              8.17                            9.96
             1-30 September 2024                           8.38                            9.87
             1-31 October 2024                             8.90                            9.87
             1-30 November 2024                            8.44                            9.87
             1-31 December 2024                            8.24                            9.87
             1-31 January 2025                             8.51                            9.87
             1-28 February 2025                            7.85                            9.87
             1-31 March 2025                               7.48                           10.16
             1-30 April 2025                               7.53                           10.16
            Source- PPAC                                   7.29                           10.16
                                                           7.30                           10.16
                                                           7.94                           10.16
                                                           7.80                           10.16
                                                           7.26                           10.04

            Figure 22: Domestic natural gas price March’24–25 ($/mmbtu)

            14.00

            12.00
                   8.38
            10.00    9.87
             8.00
                            8.90
                               9.87

                                      8.44
                                         9.87

                                                8.24
                                                   9.87

                                                          8.51
                                                             9.87

                                                                    7.85
                                                                       9.87

                                                                              7.48
                                                                                 10.16

                                                                                        7.53
                                                                                           10.16

                                                                                                  7.29
                                                                                                     10.16

                                                                                                            7.30
                                                                                                              10.16

                                                                                                                      7.94
                                                                                                                         10.16

                                                                                                                                7.80
                                                                                                                                  10.16

                                                                                                                                         7.26
                                                                                                                                            10.04

            6.00
            4.00

            2.00
            0.00

                          Domestic gas price  Gas price ceiling (for difficult areas)

            Source- PPAC

APRIL 2025                                                                             Page | 37
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