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  1. Commercial LPG prices hiked by ₹42 per cylinder; domestic cooking gas rates unchanged

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Commercial LPG prices hiked by ₹42 per cylinder; domestic cooking gas rates unchanged

SUMMARY

According to the revised rates effective June 1, the price of a 19-kg commercial LPG cylinder in Delhi has been increased to ₹3,113.50.

commercial LPG cylinder

The price of a 19-kg commercial LPG cylinder was raised by ₹42 in Delhi with effect from June 1. Image: Shutterstock

Commercial LPG prices were increased by ₹42 per 19-kg cylinder from Monday, June 1, raising input costs for hotels, restaurants and other commercial establishments.

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According to the revised rates effective June 1, the price of a 19-kg commercial LPG cylinder in Delhi has been increased to ₹3,113.50.

In Kolkata, the increase was steeper at ₹53.50 per cylinder, taking the retail selling price to ₹3,255.50.

State-owned oil marketing companies (OMCs) also raised the price of 5-kg Free Trade LPG (FTL) cylinders by ₹11.

Following the revision, a 5-kg FTL cylinder in Delhi will now cost ₹821.50.

However, there was no change in the prices of domestic LPG cylinders used by households.

The price of the standard 14.2-kg domestic LPG cylinder remained unchanged at ₹913 in Delhi.

The latest revision comes amid heightened government monitoring of fuel and LPG supplies following geopolitical tensions in West Asia.

The government last week said adequate stocks of petroleum products were available in the country and there was no shortage of LPG, petrol or diesel.

According to an inter-ministerial briefing on May 29, authorities have intensified enforcement measures to curb hoarding and black marketing of petroleum products.

Over the last four days, more than 6,500 raids related to LPG were conducted across the country, resulting in the seizure of over 380 cylinders, registration of five FIRs and arrest of two persons.

Inspections were also carried out at more than 800 LPG distributorships, and penalties were imposed on 45 distributors.

The government said LPG supplies continue to be affected by the prevailing geopolitical situation, but supplies to domestic consumers have been prioritised.

"No dry-outs have been reported at LPG distributorships," it said, adding that around 1.80 crore LPG cylinders were delivered over the last four days against bookings of about 1.78 crore cylinders.

Domestic LPG production from refineries has been increased to about 52 thousand metric tonnes per day to meet household demand, while all refineries are operating at high capacity with adequate crude inventories, the government said.

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