The Oil Ministry had in July 2013 allowed pricing freedom for gas produced from small, isolated fields and given marketing freedom by imposing no obligation of seeking customers only from the fertiliser and power sectors.
The policy however stipulated that only those customers who can take supply within 90-days be sold the gas. In view of the difficulties, this timeline has now been extended to one year, said an Oil Ministry order.

"The National Oil Companies (NOCs) have brought to the notice of the Ministry that customers of North East Region are facing various difficulties in utilising the gas within 90 days and have been requesting for longer lead time for monetisation of gas from small and isolated fields,” it said.
"Considering the difficulties of North East customers, the government has decided to increase the period of 90 days for off-take of gas from the date or readiness indicated by the NOCs to one year in respect of small and isolated fields located in the North East Region," it said.

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