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Home CURRENT AFFAIRS LPG Cylinder Price: Commercial cylinders’ price reduced; Check latest rates here

LPG Cylinder Price: Commercial cylinders’ price reduced; Check latest rates here

LPG Cylinder Price Commercial cylinders' price reduced; Check latest rates here

LPG Cylinder Price: Oil marketing companies reduced the price of a 19 kg commercial LPG cylinder on Saturday with immediate effect, cutting the cost of a cylinder by Rs 25.50 per unit. A 19 kilogramme commercial LPG cylinder will now sell in the national capital for Rs 1,859 instead of Rs 1,885, as a result of this most recent change.

A commercial LPG cylinder will now cost Rs 1,811.50 in Mumbai, a decrease of Rs 32.5 from the previous price. An LPG cylinder weighing 19 kg will cost Rs 1,959 in Kolkata, which is Rs 36.5 less. The 19 kg LPG cylinder’s new pricing in Chennai is Rs 2,009.50, a decrease of Rs 35.5 from before.

Also Read: Gas prices hiked by 40%; CNG, and PNG cost more

The most recent price cut for commercial LPG cylinders comes exactly one month after the last one. On 1st of September, OMCs reduced the cost of the 19 kg LPG cylinder by Rs 91.50.

Domestic cylinder will cost the same

Due to no adjustment being published by the OMCs, domestic LPG prices remain unchanged.

On August 1, the cost of a 14.5 kg household LPG cylinder increased by Rs 50 per unit. Prior to this, on May 19, domestic cylinder pricing were altered. It is being offered for sale in Delhi, the nation’s capital, at Rs 1,053 per unit. Additionally, it sells for Rs 1,079, Rs 1,052.5, and Rs 1,068.5 in Kolkata, Mumbai, and Chennai, respectively.

Also Read: PM Narendra Modi to inaugurate 5G services today at India Mobile Congress

In contrast, prices of natural gas, which is used to produce electricity, fertiliser, and CNG to power automobiles, rose sharply by 40% to record highs on Friday in line with a global firming up of energy prices.

According to a directive from the Petroleum Planning and Analysis Cell of the Oil Ministry, the price paid for gas produced from old fields, which accounts for roughly two-thirds of all gas produced in the nation, was increased from the current rate of $6.1 to $8.57 per million British thermal units (PPAC).

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