RELIANCE AND ONGC SHOULD BE WORST HIT AS DOMESTIC NATURAL GAS PRICE WILL BE REDUCED ON APRIL 1 2016. CURRENT NYMEX NG FUTURES TRADE AT 0.99 CENTS PER UNIT AND DOMESTIC NG PRICE IS USD 4.20 PER UNIT. SINCE NG PRICE HAS BEEN LINKED TO A COMPLEX FORMULA LINKED TO CRUDE PRICE THE PRICE REDUCTIONS OF NG SHOULD BE AUTOMATIC.
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