Ministry of Petroleum and Natural Gas has dismissed the media reports as incorrect that the government has stopped doing natural gas allocation to City Gas Distributors-CGD. In a series of tweets, the Ministry has termed the media report as the spread of misinformation saying that when the fourth estate agrees to be used to advance vested interests, truth becomes a casualty. The Ministry said that the global LNG prices have gone up by around 300 per cent in last one year. The Ministry added that it is only waiting for the updated data for the period from October 2021 to March 2022 from City Gas Distributors entities for the allocations in April 2022 and this is yet to be received from all entities. It said, CGD entities have requested for Quarterly allocation and this proposal is under active consideration. Based on data of October 2020 to March 2021 consumption, the allocation for April to October 2021 was revised as per the guidelines in April last year. The Ministry said, the additional allocation for CGD would necessarily require some reprioritisation amongst the consuming sectors which is a sensitive decision. The Ministry only heard out CGD entities and did not make any suggestions and decision, therefore it is absolutely mischievous to say that CGD entities were asked to increase prices.
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