From which among the following panels recommended that the pricing of natural gas by a complex metho...........

Geography Energy

From which among the following panels recommended that the pricing of natural gas by a complex methodology of arriving at an average of International gas hub prices?

Yahwant Sinha Panel

Raghuram panel

Y.R Reddy panel

C Rangrajan panel

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Explanation:

Fourth option is correct.

The panel chaired by the Prime Minister’s economic adviser C. Rangaranjan recommended that the domestic gas price be indexed with international prices, implying that the present practice of the administered price mechanism be scrapped. At the same time, it has proposed scrap the existing production sharing formula for hydrocarbon excavation too, and replacing it with the sharing of revenue between the contractor and the government.