LPG, CNG, PNG prices today: LPG, CNG and PNG pricing concerns remain in focus even though retail rates have stayed unchanged for more than a month. Continued under-recoveries on domestic LPG cylinders and uncertainty over the US-Iran situation are keeping the issue alive. Recent developments have also highlighted supply risks linked to the Middle East and their possible impact on India's fuel sourcing plans.
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While commercial LPG prices for hotels, restaurants and other establishments were cut by ₹192 per 19-kg cylinder earlier this month, domestic LPG continues to be sold below cost. Indian Oil Corporation Chairman AS Sahney said oil marketing companies are still facing an under-recovery of ₹503 on every 14.2-kg domestic LPG cylinder.
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14.2 kg LPG cylinder rates on August 10
|
Cities |
Price (₹/cylinder) |
|
Delhi |
942 |
|
Bengaluru |
944.50 |
|
Hyderabad |
994 |
|
Mumbai |
941.50 |
|
Chennai |
957.50 |
|
Kolkata |
968 |
|
Jaipur |
945.50 |
|
Noida |
939.50 |
|
Gurugram |
950.50 |
|
Chandigarh
|
951.50 |
Commercial (19kg) LPG cylinder rates on August 10
|
Cities |
Price (₹/cylinder) |
|
Delhi |
2,738 |
|
Bengaluru |
2,821 |
|
Hyderabad |
2,985 |
|
Mumbai |
2,691.50 |
|
Chennai |
2,906 |
|
Kolkata |
2,872.50 |
|
Jaipur |
2,765.50 |
|
Noida |
2,738 |
|
Gurugram |
2,755 |
|
Chandigarh |
2,760 |
CNG prices across major cities on August 10
|
Cities |
Price (₹/kg) |
|
Delhi |
83.09 |
|
Bengaluru |
97 |
|
Hyderabad |
109 |
|
Mumbai |
86 |
|
Chennai |
97 |
|
Kolkata |
99.50 |
|
Jaipur |
96.50 |
|
Noida |
91.70 |
|
Gurugram |
88.12 |
|
Chandigarh |
99.90 |
PNG prices across major cities on August 10
|
Cities |
Price (₹/SCM) |
|
Delhi
|
49.59 |
|
Bengaluru |
53 |
|
Hyderabad |
51 |
|
Mumbai |
51.50 |
|
Chennai |
50 |
|
Kolkata |
50 |
|
Jaipur |
49.50 |
|
Noida |
49.45 |
|
Gurugram |
48.40 |
|
Chandigarh |
54.70 |
The geopolitical situation remains uncertain. While the US and Iran are not directly engaged in talks, a proposed agreement between Iran and Oman is nearing completion that could give Tehran control over incoming traffic through the Strait of Hormuz. Iran has laid down conditions for the US to reopen the strait.
In this context, India plans to source up to a quarter of its liquefied petroleum gas imports from the United States by 2027 to reduce dependence on the Middle East, minimise supply disruptions and support efforts to secure a trade deal with Washington.
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Meanwhile, LPG sales in India have declined 17.4% to 2.37 million tonnes. Industry officials attributed the fall mainly to a shift towards piped natural gas following the West Asia crisis. LPG consumption has been falling since the crisis began, prompting restrictions on usage by hotels and restaurants.