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New gas price barely suffices for K-G output: ONGC

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The state explorer's new chairman, D K Sarraf, says some gas might not be viable at even $8 an mBtu The government is under attack for allowing an increase in domestic gas prices from April 1 but state-run Oil and Natural Gas Corporation said on Tuesday production from its Krishna-Godavari (K-G) basin block would be barely viable at the old one.

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