India Hikes Domestic LPG Prices Amid Rising Global Energy Costs
Domestic LPG prices in Delhi have risen to ₹942 per 14.2-kg cylinder following a ₹29 increase effective June 7. This marks the second price hike in three months, following a ₹60 increase in March. The Ministry of Petroleum and Natural Gas attributes the surge to elevated global energy costs and supply disruptions in the Strait of Hormuz caused by conflicts in West Asia. Despite the hike, the government maintains that Indian households still enjoy some of the lowest cooking gas rates globally. Officials state that consumers are shielded from the full market impact, with under-recoveries estimated at ₹700 per cylinder. However, the move has drawn criticism from the opposition and public figures like Vinesh Phogat, who raised concerns over inflation and accessibility.
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India’s cooking gas still cheaper, says Centre; explains why LPG prices hiked again | India News
Also read | LPG price hiked again: Cooking gas rates increased by ₹29, now cost ₹942 in Delhi · The government has increased the price of domestic LPG cylinders by ₹29 from Sunday, citing the sharp rise in international costs triggered by the West Asia crisis, according to news agency ANI. According to the ministry, petroleum product prices in India ...
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum Ministry - The Economic Times
The release said effective Ujjwala ... of about 45% to the international price. ... tmtpetroleum ministryhormuzstraitujjwalaindiaunion cabinetsustainedministry of petroleum and natural gasgovernment of india · (Catch all the Business News, Breaking News and Latest News Updates ...
"Even I sometimes struggle to get a gas cylinder": Vinesh Phogat slams LPG price hike, raises inflation concerns - The Economic Times
Following the latest revision, the price of a 14.2-kg domestic LPG cylinder in Delhi has risen from Rs 913 to Rs 942. The Petroleum and Natural Gas Ministry, however, said that Indian households continue to purchase cooking gas at prices significantly lower than those prevailing in neighbouring ...
Govt defends LPG price hike, says India still cheapest globally; Opposition cries foul - The Tribune
It said the cost of supplying a domestic LPG cylinder had risen to over Rs 1,600 following a sharp increase in global prices, particularly after disruptions in the Strait of Hormuz, which supplies one-fifth of the world’s crude and gas needs, since February. ... Despite this, the ministry said, consumers had been protected from the full impact of the increase, with the under-recovery on each domestic cylinder estimated at about Rs 700. A comparison ...
LPG prices are rising, but India's cooking gas remains among the world's cheapest. Here's why- Moneycontrol.com
While consumers will pay more than ... domestic LPG prices remain among the most affordable globally because the government continues to shield households from the full impact of soaring international energy prices. For millions of families, particularly the more than 10.58 crore Ujjwala beneficiaries, that support means cooking gas remains accessible and affordable even as geopolitical tensions continue to reshape global energy markets. ... Discover the latest Business News, Sensex, and ...
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