LPG prices rise across metros amid West Asia tensions


Daijiworld Media Network - New Delhi

New Delhi, Mar 7: Domestic cooking gas prices have increased across major Indian cities, with a 14.2-kg LPG cylinder now costing around Rs 903 in Delhi, reflecting a fresh revision amid rising global energy costs.

Similar increases have been recorded in other metros. In Mumbai, the price has risen to Rs 912.50, while in Kolkata it now costs about Rs 939. In Chennai, the revised price stands at Rs 928.50 per cylinder.

Industry officials said the increase reflects a surge in global energy costs triggered by tensions and disruptions in West Asia, a region crucial to global oil and gas supply chains.

Despite the hike, officials maintain that cooking gas prices in India remain lower than in several neighbouring countries.

The increase marks the second revision in domestic LPG prices in less than a year. The previous hike was in April 2025, when rates were raised by Rs 50. Prices vary slightly across states depending on local taxes and VAT.

Beneficiaries of the Pradhan Mantri Ujjwala Yojana, which provides LPG connections to low-income households, will continue to receive a subsidy of Rs 300 per 14.2-kg cylinder for up to 12 refills annually. The scheme currently covers more than 10 crore households across the country.

Meanwhile, commercial LPG cylinders used by restaurants, hotels and other establishments have also become costlier.

In Delhi, the price of a 19-kg commercial cylinder has increased from Rs 1,768.50 to Rs 1,883. In Mumbai, it now costs Rs 1,835, while the price has reached about Rs 1,990 in Kolkata and Rs 2,043.50 in Chennai.

Commercial LPG prices have risen sharply this year, recording an overall increase of more than Rs 300 so far.

The latest price revision comes amid escalating tensions in West Asia that have unsettled global energy markets and raised concerns over the safety of shipments passing through the Strait of Hormuz.

The strategic waterway carries a large share of the world’s oil and gas supplies, and nearly half of India’s crude oil and LPG imports move through this route.

Recent US and Israeli strikes on Iranian positions, followed by warnings from Tehran to vessels and insurers pulling back coverage, have further disrupted tanker traffic in the region.

The government, however, has assured consumers that there is no shortage of fuel in the country despite geopolitical tensions in the Middle East.

Petroleum and Natural Gas Minister Hardeep Singh Puri said energy supplies remain stable.

“Our priority is to ensure the availability of affordable and sustainable fuel for our citizens, and we are doing it comfortably. There is no shortage of energy in India, and there is no cause of worry for our energy consumers,” he said in a post on X.

Authorities also dismissed rumours circulating on social media about a shortage of petrol or diesel.

Indian Oil Corporation said in a statement that India has sufficient fuel stocks and that supply and distribution networks are functioning normally.

“Indian Oil is committed to maintaining uninterrupted fuel supply across the country. Citizens are requested not to panic or crowd fuel stations and to rely only on official sources for accurate information,” the company said.

Government sources added that India remains in a “very comfortable position” regarding the availability of crude oil, petroleum products and LPG.

Officials said the country has diversified its crude import sources and strengthened supply security by increasing purchases from countries such as Russia and the United States.

According to government sources, India currently has combined stocks of crude oil and refined petroleum products sufficient for about 50 days, including around 25 days of crude oil and another 25 days of petroleum products.

  

Top Stories


Leave a Comment

Title: LPG prices rise across metros amid West Asia tensions



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.