Domestic LPG Cylinder Prices Increased Again Across India

Households across India face another increase in cooking gas expenses as domestic LPG cylinder prices have been revised upward amid rising global energy costs and supply pressures.

Consumers have been hit with another rise in cooking gas prices, with domestic LPG cylinder rates increased by Rs 29 across the country. The revised prices came into effect from June 7, adding to the financial burden on households already dealing with higher fuel and living costs.

With the latest revision, the price of a standard 14.2 kg domestic LPG cylinder in Delhi has gone up from Rs 913 to Rs 942. This marks the second increase in domestic LPG prices within the past three months, reflecting continued pressure on the energy sector.

Officials say the latest hike has been driven largely by developments in the international energy market. Ongoing tensions and disruptions in the Middle East have put pressure on global oil and gas supplies, leading to higher energy costs worldwide.

Despite the increase, industry sources indicate that oil marketing companies are still not fully recovering their costs from domestic LPG sales. The recent revision is expected to offset only a portion of the losses incurred by these companies.

Speaking at an inter ministerial briefing, Petroleum Ministry Joint Secretary Sujata Sharma said the government has taken several measures to ensure adequate LPG availability across the country. These include efforts to boost domestic production and maintain stable imports.

Sharma also noted that under recoveries on household LPG cylinders remain significant. According to the ministry, oil companies continue to bear a loss of around Rs 700 on every domestic LPG cylinder sold, even after the latest price adjustment.

While the revised rates will apply nationwide, the final retail price may vary from city to city depending on local taxes, transportation expenses and other regional factors. Consumers are expected to feel the impact of the increase immediately as the new prices are already in effect.

Related Articles

Back to top button