Page 38 - Policy Economic Report - March 2026

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Table 8: Gas price, GCV Basis Domestic Gas calculated Gas price ceiling – difficult areas
Period price in US$/MMBTU price in US$/MMBTU
8.27 12.12
1-31 May 2023 7.58 12.12
1-30 June 2023 7.48 12.12
1-31 July 2023 7.85 12.12
1-31 August 2023 8.60 12.12
1-30 September 2023 9.20 9.96
1-31 October 2023 9.12 9.96
1-30 November 2023 8.47 9.96
1-31 December 2023 7.82 9.96
1-31 January 2024 7.85 9.96
1-29 February 2024 8.17 9.96
1-31 March 2024 8.38 9.87
1-30 April 2024 8.90 9.87
1-31 May 2024 8.44 9.87
1-30 June 2024 8.24 9.87
1-31 July 2024 8.51 9.87
1-31 August 2024 7.85 9.87
1-30 September 2024 7.48 10.16
1-31 October 2024 7.53 10.16
1-30 November 2024 7.29 10.16
1-31 December 2024 7.30 10.16
1-31 January 2025 7.94 10.16
1-28 February 2025 7.80 10.16
1-31 March 2025 7.26 10.04
1-30 April 2025 6.93 10.04
1-31 May 2025 6.41 10.04
1-30 June 2025 6.89 10.04
1-31 July 2025 7.02 10.04
1-31 August 2025 6.99 10.04
1-30 September 2025 6.96 9.72
1-31 October 2025 6.55 9.72
1-30 November 2025 6.48 9.72
1-31 December 2025 6.25 9.72
1-31 January 2026 6.21 9.72
1-28 February 2026 6.81 9.72
1-31 March 2026
Source – PPAC

March 2026 Page | 37