Research Article
Increase in Equilibrium Price by Fast Oscillations
Table 1
CNG consumer price detailed break up w.e.f. October 22, 2012.
| S number | Components |
Region I |
Region II | Rs./Kg | Rs.MMBtu | % | Rs./Kg | Rs.MMBtu | % |
| | Average well head price/cost of gas paid to exploration companies | 18.04 | 358.87 | 92% | 16.48 | 358.87 | 92% | | Operating cost of gas companies | 1.14 | 22.69 | 6% | 1.04 | 22.69 | 6% | | Return on investment to gas companies Other incomes (net of prior year | 18.04 | 358.87 | 92% | 16.48 | 358.87 | 92% | | adjustment, if any, etc.) | −0.53 | −10.63 | −3% | −0.49 | −10.63 | −3% |
| to | Average prescribed price of natural gas | 19.51 | 388.27 | 100% | 17.83 | 388.26 | 100% |
| | Sale price of natural gas for CNG stations as advised by Federal Government under Section 8(3) of OGRA, ordinance including GDS/cross-subsidization. | 35.19 | 700.32 | 38% | 32.14 | 700.02 | 38% |
| | Operating cost of gas stations | 20.80 | 113.80 | 22% | 20.80 | 453.01 | 25% |
| | Profit of CNG station owners. | 11.19 | 222.60 | 12% | 10.59 | 230.61 | 13% |
| | GIDC | 13.25 | 263.57 | 14% | 9.18 | 200.00 | 11% |
| | GST (25% of price ) | 12.10 | 240.69 | 13% | 10.33 | 225.00 | 12% |
| | Differential margin for region II | — | | | 1.50 | 32.67 | 2% |
| | Total CNG consumer price () | 92.53 | 1,840.98 | 100% | 84.54 | 1,841.31 | 100% |
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