LPG, CNG, PNG prices today, April 22: Check rates in Delhi, Mumbai, Chennai, other major cities

LPG, CNG, PNG prices today: Concerns about the pricing of liquefied petroleum gas (LPG), compressed natural gas (CNG), and piped natural gas (PNG) continue amid ongoing geopolitical tensions. The uncertainty over the US-Iran peace talks has raised concerns. While the US had plans to send their delegation to Islamabad for the second round of talks, Iran said it was unwilling to negotiate with the US under their current terms. 

However, Trump said on Tuesday, that the US would not attack Iran till it comes up with a unified proposal. “I have therefore directed our military to continue the blockade and, in all other respects, remain ready and able, and will therefore extend the ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other,” he said. 

The Hormuz blockade would, hence, continue, pushing the energy ecosystem to further uncertainty, which poses challenges for countries like India that depend heavily on energy imports. India imports over 40 per cent of its crude oil and 90 per cent of its LPG from West Asian countries, making it vulnerable to regional disruptions.

Recently, the price of a 19-kg commercial LPG cylinder in Delhi rose by Rs 195.50 to Rs 2,078.50, while domestic LPG prices remained steady at Rs 913. The increase in commercial LPG prices from April 1 is linked to a 44 per cent rise in the Saudi Contract Price, which went up from $542 per tonne in March to $780 per tonne in April. 

14.2 kg LPG cylinder rates on April 22

Commercial (19kg) LPG cylinder rates on April 22

CNG prices across major cities on April 22

PNG prices across major cities on April 22

The conflict in West Asia has also affected LPG consumption in India. Official data shows that LPG consumption fell by 13 per cent in March due to supply disruptions. Consumption was recorded at 2.379 million tonnes, a 12.8 per cent decrease compared to the same period last year.

With supply disruptions from Saudi Arabia and the United Arab Emirates, the Indian government has cut LPG supplies to commercial users such as hotels and industries to prioritise cooking gas availability for households. According to the Oil Ministry's Petroleum Planning and Analysis Cell (PPAC), LPG sales to domestic households decreased by 8.1 per cent in March to 2.219 million tonnes, while sales to non-domestic users dropped nearly 48 per cent. Bulk LPG sales declined by 75.5 per cent.

Despite government assurances of normal LPG supplies, PPAC data suggests otherwise. To address the shortfall, the government has directed refineries to divert feedstock from petrochemical production to boost LPG output. This led to an increase in domestic LPG production to 1.4 million tonnes in March, up from 1.1 million tonnes a year earlier, according to PPAC data.