VERIFIEDET Finance·4 Oct 2026neutral

Deep-sea gas becomes costlier as government raises price ceiling

AI Summary

·The government has increased the price ceiling for deep-sea gas to $9.89 per MMBtu for October 2026-March 2027.
·This new ceiling price is an increase from the previous $8.90 per MMBtu.
·APM gas from legacy fields remains capped at $7 per MMBtu, with new-well gas eligible for a 10% premium up to $7.70.