LPG prices today, 12 June: Domestic and commercial cylinder rates in Delhi, Mumbai, Bengaluru, Kolkata, and other cities
LPG cylinder cost: Prices of domestic and commercial Liquefied Petroleum Gas (LPG) cylinders remained steady on Friday, 12 June after rates were hiked last week
LPG cylinder cost: Prices of domestic and commercial Liquefied Petroleum Gas (LPG) cylinders remained steady on Friday, 12 June after rates were hiked last week on 7 June (Saturday). India hiked domestic LPG cylinder prices by ₹29, marking the second increase in three months, after the first revision of ₹60 that came out on 7 March. Further, after the latest revision in 19-kg cylinder rates, commercial cylinder costs surged by around ₹42. In the wake of global energy disruptions, commercial LPG cylinder prices underwent revision for the fourth time on 1 June. War impacting LPG supply, prices According to data from the Oil Ministry's Petroleum Planning and Analysis Cell (PPAC), LPG consumption fell 20% to 2.13 million tons this year compared to FY25. Notably, LPG imports (used for cooking purposes) account for 90% of India's supply, largely sourced from the Middle East. Supply chain disruptions across the strategic Strait of Hormuz have put pressure on fuel prices internationally. Through the latest price revision in petrol, diesel and LPG prices, the government transferred some of the price pressure to consumers.
State-run oil marketing companies (OMCs) continue to absorb steep losses on each cylinder sold to cushion consumers against volatile oil prices due to the war. Check city-wise LPG cylinder prices today across major cities: After the latest revision, a 14.2-kg cooking gas now costs ₹942 in Delhi, ₹941.50 in Mumbai, ₹994 in Hyderabad, ₹968 in Kolkata and ₹944.50 in Bengaluru, according to industry estimates. Govt says Indians paying among lowest for cooking gas Despite the second upward revision in 14.2-kg LPG cylinder prices, the Centre claimed that Indian households continue to pay among the lowest cooking gas prices in the world. In a statement, the government said the cost of supplying a domestic LPG cylinder has risen to more than ₹1,600 following a surge in international prices after the war. It added that OMCs were estimated to be losing about ₹703 per LPG cylinder sold before the latest revision. Also Read | Dearness Allowance: Full list of states that have announced DA hikes According to Ministry of Petroleum and Natural Gas Additional Secretary, Praveen Mal Khanooja, the government is offering about ₹700 subsidy to non-Ujjwala consumers and ₹1,000 to Ujjwala beneficiaries.
He underscored that the effective cost of a 14.2 kg cylinder based on Saudi Contract Price (CP) is over ₹1,600, but consumers pay ₹942. Calling the recent revision in prices a "very minor hike" compared to the ₹700 under-recovery, Khanooja asserted that ₹29 price hike works out to ₹1 per day and "20 paisa per day per household member" for a family using 12 cylinders a year. India's LPG import costs are linked to the Saudi CP, which is the global benchmark for the fuel. This benchmark has risen some 46% since the war impacted supply through the Strait of Hormuz, as per a PTI report. LPG price hike inevitable: Union Minister Union Minister for Consumer Affairs, Food and Public Distribution, and New and Renewable Energy Pralhad Joshi said the government feels “very sad and sorry” over the hike in gas cylinder prices but described it as “inevitable” given the prevailing global situation, the PTI report added. “We also feel very sad and sorry about the hike in gas cylinder prices, but before criticising, everyone should understand the situation in the entire world.
The BriefWire