Domestic LPG prices have increased by Rs 29 per cylinder, with the new rates effective from Sunday, June 7. The price of a 14.2-kg domestic LPG cylinder in Delhi has been raised to Rs 942 from Rs 913 following this hike.
This latest increase follows a Rs 60 per cylinder rise on March 7, which was implemented after disruptions in global energy markets related to the conflict in West Asia.
During an inter-ministerial briefing on Thursday, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, stated that the government has taken several measures to ensure adequate LPG availability, including boosting domestic production and securing imports.
“As far as the under recovery on LPG domestic cooking cylinder is concerned, it is still in the range of almost 700 rupees,” Sharma said in response to media queries.
Sharma also explained that the recent moderation in LPG demand is due to multiple factors, such as lower consumption by commercial and industrial users, improved booking cycles, and technology-enabled delivery authentication.
“There has been a reduction because our commercial and industrial LPG and the other reason is the booking period that we managed, I mean 25 days and 45 days. And the third reason is the DAC. [Delivery Authentication Code] linked deliveries,” she said.
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