LPG Gas Rate: Non-subsidised LPG cylinder price hiked marginally. Check revised rates
Business | July 01, 2020 15:42 ISTThe price of non-subsidized LPG (Liquefied Petroleum Gas) cylinders has been marginally increased with effect from Wednesday.
The price of non-subsidized LPG (Liquefied Petroleum Gas) cylinders has been marginally increased with effect from Wednesday.
The government had issued similar orders ahead of the operation in Balakot and Article 370 dilution.
A government order asking oil marketing companies to stock up two months' supply of LPG cylinders in Kashmir Valley has sparked speculations, especially in the wake of the LAC face-off, with NC leader Omar Abdullah questioning the need for such a move.
"For the month of June, 2020, there has been an increase in international prices of LPG. Due to the increase in the prices in the international market, the RSP (retail selling price) of LPG in Delhi market will be increased by ₹11.50 per cylinder," Indian Oil said in a statement.
A truck carrying Liquefied Petroleum Gas (LPG) cylinders caught fire in JandK's Udhampur district.
India's fuel consumption fell almost 46 per cent in April as all petroleum products, except LPG, saw massive demand erosion following the nationwide lockdown that halted economic activity and travel.
Around 4,000 free LPG cylinders were distributed among beneficiaries under the centrally-run Ujjwala scheme in Doda district of Jammu and Kashmir, an official said.
The government has reduced the cost of non-subsidised LPG cylinder by Rs 162.50 per cylinder in metro cities including Delhi, Mumbai, Kolkata and Chennai. The prices have been reduced in line with the slump in benchmark international rates.
Amid 21-day nationwide coronavirus lockdown, Indian Oil Corporation on Wednesday announced to slash the price of LPG cylinder after a huge fall in global crude prices over the past few weeks.
Making a big announcement amid coronavirus pandemic, Finance Minister Nirmala Sitharaman on Thursday said Ujjwala beneficiaries will get free LPG cylinders in next 3 months, which will benefit 8.3 crore BPL families. Sitharaman's press briefing comes amid the 21-day lockdown in the country in the wake of COVID-19 outbreak.
LPG supplies from the three major Oil Marketing Companies -- IndianOil, BPCL, and HPCL would be normal during the coming days and there was no need for panic booking as restrictions have been imposed by the State government as part of steps to curb the spread of coronavirus, an apex body said.
In a written reply to a question in the Rajya Sabha, Pradhan said domestic subsidised LPG in Delhi was priced at Rs 538.95 per cylinder on October 1, 2019, and this month it costs Rs 574.50.
Jet fuel (ATF) prices were on Monday slashed by a steep 10 per cent, the second straight reduction in rates in as many months, as international oil prices slumped on fears of the spread of coronavirus.
LPG Gas Rate: The price of non-subsidised LPG cylinder has been cut with effect from March 1, 2020. In Delhi, a 14.2 kg non-subsidised LPG cylinder which used to cost Rs 858 in the previous month, will now cost Rs 805.
Around four people were injured in LPG cylinder blast at a house in Hyderabad on February 29. The incident took place in Malakpet area of Hyderabad.
Indian Oil Corporation Ltd (IOCL) is in the process of developing LPG from biomass and would succeed in another two to three years, a senior official in the R and D wing of IOCL said on Friday.
A 50-year-old man was killed and 17 others were injured after an LPG cylinder exploded in one of the shanties near Sonia Gandhi Camp in west Delhi's Naraina area on Wednesday morning, a Delhi Fire Service Official said.
In a novel protest against the "steep" hike in the LPG cylinder prices, the Congress women workers on Friday descended upon the city's busy market area with various utensils and cooked food on earthen ovens using dung cakes and fire woods.
Workers of Indian Youth Congress staged a protest outside Petroleum Ministry at Delhi's Shastri Bhawan against surging cooking gas prices on February 14.
Scores of youth Congress activists on Friday staged demonstration outside Petroleum Ministry building at Shastri Bhawan in the national capital, demanding roll-back of LPG price hike.
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