Domestic LPG Prices Increase by ₹29 per Cylinder Amid Rising Global Energy Costs
Cooking gas gets costlier: Domestic LPG price hiked by Rs 29 per cylinder
The Indian Express
Image: The Indian Express
The price of domestic cooking gas LPG has risen by ₹29 per 14.2-kg cylinder in Delhi, now costing ₹942. This marks the second increase in three months due to high global energy prices, following a ₹60 hike in March.
- 01The new price for a 14.2-kg LPG cylinder in Delhi is ₹942.
- 02This is the second price hike in three months, following a ₹60 increase in March.
- 03The rise in prices is attributed to high global energy costs and the impact of the West Asia conflict.
- 04State-owned oil retailers are facing a loss of approximately ₹703 per cylinder sold before this increase.
- 05The price hike reflects ongoing struggles in the energy market affecting domestic LPG sales.
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The price of domestic cooking gas LPG has been increased by ₹29 per 14.2-kg cylinder in Delhi, bringing the total cost to ₹942 starting Sunday. This adjustment marks the second hike within three months, following a ₹60 increase on March 7 due to disruptions in global energy supplies caused by the West Asia conflict. Despite these increases, state-owned fuel marketing firms continue to face significant losses, estimated at ₹703 per cylinder sold prior to this latest revision. The ongoing challenges in the global energy market are impacting domestic LPG pricing and availability.
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The increase in LPG prices will directly affect household cooking costs in Delhi.
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