NEW DELHI: Cooking gas on Saturday became costlier by ₹50 per cylinder with the second rate hike in less than two months pushing the price for about 289 million households to over ₹1,000 per 14.2 kg refill in many places, mainly because of the rising international energy costs due to the Ukraine war.
According to Indane price published by dealers of state-run Indian Oil Corporation (IOC), domestic liquified petroleum gas (LPG) on Saturday jumped to ₹999.50 per cylinder in Delhi. Prices of fuel vary across the country based on local levies and transportation costs. For instance, its cost in Gujarat’s Navsari town is ₹1,008.50 per 14.2 kg cylinder, ₹1,026 in Ludhiana (Punjab), ₹1,015.50 in Chennai (Tamil Nadu) and ₹1,098 in Patna (Bihar).
India’s cooking gas market is dominated by three state-run oil marketing companies – IOC, Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL). They had last hiked their rate by ₹50 per cylinder on March 22 to ₹949.50 in Delhi after over a year. Earlier, the domestic LPG prices were revised by ₹15 on October 6, 2021 at ₹899.50 per 14.2 kg cylinder in Delhi.
