LPG New Rates: Due to the ongoing war, India is experiencing challenges in importing LPG. The country relies on Gulf nations for 60 percent of its LPG supply. Unfortunately, the conflict has disrupted this supply chain, leading to a new crisis for India. Let’s explore whether there have been any changes in LPG cylinder prices given the current circumstances. What are the rates in your city?
Any updates on LPG cylinder prices?
New Delhi – Rs 913
Mumbai – Rs 912.50
Kolkata – Rs 939
Chennai – Rs 928.50
Hyderabad – Rs 965
Lucknow – Rs 950.50
Bengaluru – Rs 915.50
Patna – Rs 1002.50
What is the current price of a commercial LPG cylinder?
1-Delhi -Rs. 1884.50
2- Mumbai – Rs 1836
3. Kolkata – Rs 1988.50
4- Chennai – Rs 2043.50
5. Hyderabad – Rs 2007
6. Bengaluru – Rs 1958
7. Patna – Rs 2133.50
The nation has a storage capacity for 60 days
The central government has confirmed that it possesses 60 days’ worth of petrol and diesel storage. They have assured that there is no shortage of petrol, diesel, or LPG in the country, so there is no reason to panic. Additionally, the government has instructed oil marketing companies to ramp up LPG production.
Recently, the state quota was raised from 20 percent to 50 percent. The central government is actively monitoring the supply of petrol, diesel, and gas.
Price increases this month
Earlier this month, LPG cylinder prices saw an increase. At that time, the cost of a 14.2 kg domestic gas cylinder rose by Rs 60, while the price of a commercial gas cylinder went up by Rs 144. Since then, there have been no further price hikes. In recent days, there has been a decline in panic booking of LPG cylinders, leading to fewer crowds at gas agencies.
New rules apply from cylinder booking to PNG users
In response to the growing demand for gas in the country and the pressure on supply, the government has made several important decisions regarding LPG. These steps, taken in the first half of March, clearly indicate that regulations are being tightened to maintain a balanced domestic gas supply. In this context, a 21-day lock-in period has been implemented on domestic LPG cylinder bookings since March 6. This means that consumers must wait at least 21 days after purchasing a cylinder before booking a second one.