भारतीय कम्युनिस्ट पार्टी का प्रकाशन पार्टी जीवन पाक्षिक वार्षिक मूल्य : 70 रुपये; त्रैवार्षिक : 200 रुपये; आजीवन 1200 रुपये पार्टी के सभी सदस्यों, शुभचिंतको से अनुरोध है कि पार्टी जीवन का सदस्य अवश्य बने संपादक: डॉक्टर गिरीश; कार्यकारी संपादक: प्रदीप तिवारी

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Communist Party of India, U.P. State Council

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शनिवार, 24 अगस्त 2013

CPI's Dasgupta questions $8.4 an mBtu gas price

Communist Party of India () leader on Thursday again trained guns on the Centre for the gas price rise.
In a letter to Prime Minister , Dasgupta alleged the cost of production for Ltd (RIL)’s block was just $ 2.74 a million British thermal unit (mBtu). He added the Rangarajan pricing formula would give them a windfall gain through a pricing of $8.4 an mBtu.

Dasgupta asked Singh to revisit the pricing of by the , applicable from April 2014. Citing petroleum ministry figures, Dasgupta said the ministry had admitted that after computing from the financial statement of RIL in 2011-12 on projected level of production, the cost of production, including levies, worked out to $2.74 an mBtu.“If the cost of production is only $2.74, how has Rangarajan come to the conclusion that it should be $8.4 per unit to be given to the contractor? Evidently, it is a case of lack of due diligence,” the letter said.

Earlier, Dasgupta had filed a public interest litigation regarding the decision on gas pricing at the apex court, on which the response from the petroleum ministry, RIL and minister M Veerappa Moily would be heard on September 6.


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