

These prices are taken as weighted averages of the respective volumes of natural gas consumed in these regions. There won’t, however, be any impact on Mukesh Ambani’s Reliance Industries Ltd (RIL), which still earns just $4.2 per unit for gas produced from its flagship D6 field in the Krishna-Godavari basin, since it is locked in arbitration proceedings with the government.Īccording to the formula, the price is calculated based on the annual average of daily prices of international benchmarks-Henry Hub (HH) in the US and National Balancing Point (NBP) in the UK-and the annual average of monthly prices at the Alberta Hub of Canada and Russian gas prices prevailing in the entire erstwhile Soviet Union.

“With lower realizations, we reduce ONGC’s FY15-17E EPS (earnings per share) by 11-20% and downgrade it to Neutral (from Buy)… and OIL by 5-16%," the report said. Ltd ( ONGC) and Oil India Ltd ( OIL), which jointly account for 70% of India’s gas production. These factors, in particular the steep asking price that Real Madrid are demanding, mean that Ceballos' return to Betis this summer looks difficult to complete.The low gas price is expected to hurt state-owned Oil and Natural Gas Corp. In any case, the Utrera-born player would need to take a significant wage cut to make the move back to the Estadio Benito Villamarin. Los Blancos are looking for a transfer fee of 30 million euros for Ceballos, which Betis are unwilling to pay.īetis would be interested in a loan deal with an option to buy, or they would look to sell players such as William Carvalho and Andres Guardado in order to make space for Ceballos. Whilst Betis also share the same desire to re-sign the midfielder, there are a number of stumbling blocks in the way of a potential transfer, not least the price that his parent club have placed on him. "It's clear that sooner or later I will wear Real Betis' shirt once again, because it is the club I love, the one that made me a footballer, and I am sure that we will meet again," Ceballos said in May.

The 24-year-old impressed enough in the 2019/20 season for the Gunners to extend his loan for a second campaign, but he struggled for form last season, despite making 40 appearances in all competitions.Ĭeballos has made no secret of his desire to return to play for Real Betis, where he progressed through the ranks before joining Real Madrid in 2017. One of Real Madrid's main goals this summer is to find a buyer for Dani Ceballos, following two years on loan at Arsenal in the Premier League.
