LPG Becomes Cheaper. How Much A Cylinder Costs Now: 10 Things To Know

Non-subsidised LPG prices have come down by a cumulative Rs. 93.5 per cylinder in Delhi so far in 2018.

Monday’s revision marks the fourth reduction in non-subsidised LPG cylinder prices so far this year

LPG (liquefied petroleum gas) or cooking gas prices have been lowered. Non-subsidised LPG prices have been lowered by Rs. 35-36 per cylinder (14.2 kilograms), while subsidised LPG prices were decreased by up to Rs. 1.77 per cylinder across the four metros. Effective April 01, 2018, non-subsidised LPG will cost Rs. 653.5 per cylinder in Delhi, Rs. 676 per cylinder in Kolkata, Rs. 625 per cylinder in Mumbai and Rs. 663.5 per cylinder in Chennai, according to Indian Oil Corporation’s website – iocl.com. While non-subsidised LPG prices are lower by Rs. 35.5 per cylinder in Delhi and Kolkata compared with existing prices, they are down Rs. 36 per cylinder in Mumbai and Chennai.

Here are 10 things to know:

1. Subsidised LPG prices have been lowered by Rs. 1.74 per cylinder in Delhi and Kolkata, Rs. 1.76 per cylinder in Mumbai and Rs. 1.77 per cylinder in Chennai. That means, subsidised LPG cylinders will cost Rs. 491.35 per unit in Delhi, Rs. 494.33 in Kolkata, Rs. 489.04 in Mumbai and Rs. 479.44 in Chennai, according to Indian Oil Corporation, which supplies LPG under brand Indane. (Also read: Petrol, Diesel Prices Soar To New Highs)
2. Monday’s revision marks the fourth reduction in LPG cylinder prices so far this year.
3. Non-subsidised LPG prices have come down by a cumulative Rs. 93.5 per cylinder in Delhi so far in 2018.
4. In Kolkata, Mumbai and Chennai, the LPG rate has come down by Rs. 90 per cylinder, Rs. 94 per cylinder and Rs. 92.5 per cylinder respectively.
5. Subsidised LPG has become cheaper by a cumulative Rs. 4.34 per cylinder in Delhi, Rs. 4.1 per cylinder in Kolkata, Rs. 4.34 per cylinder in Mumbai and Rs. 4.25 per cylinder in Chennai during this period.
6. Every household in the country is entitled to 12 LPG cylinders of 14.2 kg each at subsidised rates in a year.
7. Any requirement beyond that is to be purchased at market prices. These prices are known as non-subsidised LPG rates.
8. Meanwhile, state-run Indraprastha Gas hiked CNG and PNG (piped natural gas) prices in Delhi. Effective April 2, CNG price has been hiked by 90 paise per kg and of domestic piped gas by Rs. 1.15 per standard cubic metres (SCM) in the national capital, following the change in the rate of domestic natural gas prices payable to producers.
9. As part of the six-monthly official revision of rates, the domestic natural gas price has gone from April 1 up 6 per cent to $3.06 per million British thermal unit (mbtu). IGL has also raised the price of compressed natural gas (CNG) by Re 1 per kg in Noida, Greater Noida and Ghaziabad. (Read more)
10. Prices of piped natural gas (PNG) to households in Noida, Greater Noida and Ghaziabad have been raised by Rs. 1.20 per SCM.