Domestic LPG price increase: LPG price increase: Domestic cylinder may increase by Rs 60 and commercial cylinder may increase by Rs 115 – report & more related News Here

With the latest revision, the price of 14.2 kg domestic LPG cylinder in Delhi may increase from Rs 853 to Rs 913. In Mumbai this rate will increase from Rs 852.50 to Rs 912.50.In Kolkata the price will increase from Rs 879 to Rs 930, while in Chennai it will increase from Rs 868.50 to Rs 928.50. The revised rates will be applicable with immediate effect.The hike also impacts businesses, with the price of a 19 kg commercial LPG cylinder increasing by Rs 115 from the same date. According to ANI, the price of commercial cylinder in Delhi will increase from Rs 1,768.50 to Rs 1,883. In Mumbai it will increase from Rs 1,720.50 to Rs 1,835. In Kolkata, the price will increase from Rs 1,875.50 to Rs 1,990, while in Chennai it will increase from Rs 1,929 to Rs 2,043.50.This revision will be the first major change in domestic LPG prices since April 2025, when the non-subsidized rate in Delhi was Rs 853. The latest hike is expected to impact both domestic consumers and commercial establishments like hotels and restaurants that are heavily dependent on LPG for daily operations.

Government says energy supply remains comfortable

The price rise comes amid broader discussion over India’s energy supply situation, particularly as tensions in West Asia have raised concerns about potential disruptions to global oil routes.Union Petroleum and Natural Gas Minister Hardeep Singh Puri first tried to reassure consumers about the country’s energy security.“Our priority is to ensure availability of affordable and sustainable fuel to our citizens, and we are doing this comfortably. There is no energy shortage in India and there is no cause for concern for our energy consumers, Puri said in a post on X.Indian Oil Corporation also rejected the rumors circulating on social media regarding the shortage of petrol and diesel, calling them baseless. The company said India has adequate fuel reserves and supply and distribution networks are functioning normally.“India has adequate fuel reserves, and supply and distribution networks are functioning normally. IndianOil is committed to maintaining uninterrupted fuel supply across the country,” the company said in a statement on Thursday.

India is diversifying energy sources

Government sources said India is currently in a “very comfortable position” with respect to crude oil, petroleum products and LPG supplies despite concerns over the Strait of Hormuz.According to sources, the country has diversified its crude oil import basket in recent years and now sources energy from multiple geographies to reduce dependence on any one route. Russia, which accounted for only 0.2 per cent of India’s crude oil imports in 2022, has become a major supplier. Sources told ANI that in February, India imported about 20 per cent of its crude oil needs from Russia, or about 1.04 million barrels per day.Officials also said LPG refineries have been directed to increase production to maintain adequate supply, while imports from the United States have started arriving from January under a one-year contract signed by Indian public sector oil companies for about 2.2 million tonnes of LPG from the US Gulf coast by 2026.