PNG Price: If you use piped cooking gas (PNG), this news may be very important for you. The government had decided to impose a uniform rate for piped cooking gas for every household. The Petroleum and Natural Gas Regulatory Board had ordered city gas companies that the rates would remain the same regardless of the amount of gas consumers consume in the domestic market.
It should be noted that some companies are charging higher prices for PNG gas. Some were increasing rates based on slabs, which were significantly burdening consumers. The government has tightened its grip on this issue.
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The Government took a major decision
The government took a major decision regarding PNG gas in September. In September, the price of domestic natural gas was reduced from approximately $7.02 per million British thermal units to $6.99 per million British thermal units. No further updates have been provided regarding prices since then.
Learn the rates
The government provides PNG gas to domestic consumers at a reduced rate. However, for commercial use, such as hotels and restaurants, its price is determined based on market rates. According to the regulator, some companies were adopting a telescopic pricing model. In this model, the per-unit rate increases as consumption increases.
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It should be noted that the price of piped natural gas (PNG) has remained unchanged. Currently, it is approximately ₹47.59 per thousand cubic meters in Delhi and approximately ₹49 per thousand cubic meters in Mumbai.
Disclaimer: This news has been compiled by various websites. If you want to know about PNG gas prices, you can visit the official website.