Price of commercial LPG cylinders reduced by Rs 102.50 starting Jan 1

The price of commercial LPG cylinders (19 kilogramme) has been cut by Rs 102.50 a piece to bring it down to Rs 1998.50 from January 1, 2022. This is a climb down from the highest price at which a commercial LPG cylinder is being sold in the national capital, which was clocked last month at Rs 2,101 apiece. Prices have been lowered across the country in a similar proportion.

On a per kilogramme (kg) basis, commercial LPG is now being sold at Rs 105.18 a kg (down from Rs 111 a kg) in Delhi.

The sale price of domestic LPG cylinders has remained unchanged in January 2022 for the third consecutive month. A 14.2 kg domestic LPG cylinder sold at Rs 809 apiece (Rs 56.97 per kg) in June 2021. The price rose to Rs 899.50 apiece (Rs 63.35 per kg) in October 2021 and has been kept unchanged since.

The price moderation is a hit on the margins of public sector undertaking oil marketing companies as the government is citing a tight fiscal position for not disbursing any LPG subsidy in 2021-22. The centre continues to subsidise freight for domestic LPG deliveries in far flung areas.