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Niko Resources Ltd NKRSF

Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Bullboard Posts
Comment by hegemonicoblivionon Apr 22, 2014 3:10pm
166 Views
Post# 22478041

RE:New gas price coming..

RE:New gas price coming..Does seem the government is a little unflexible, first they want the provider to put up a letter of credit,
now they dont want to allow the producer to play in the same manner. Government, needs to get on the
same page as industry. And no, I dont think 4 dollar gas is sustainable in India,  how does it make sense to import LNG for about 3.5 to 4 times the price, and attaching subsidy. Seems like the government wants to have it both ways, good luck to that.
Bullboard Posts