<div>India has deferred the decision to raise prices of locally produced gas by three months, the oil minister said on Wednesday (25 June).</div><div> </div><div>"Comprehensive discussions are required on this issue," said Petroleum Minister Dharmendra Pradhan.</div><div> </div><div>Currently, the bulk of domestic gas is sold at $4.2/mBtu, which producers Reliance Industries and state-run ONGC say is not enough to explore new areas of India's reserves.<br /><br />(Reuters)</div><div> </div>
