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The government on Monday raised the price of natural gas produced from difficult areas like deep sea KG-D6 block of Reliance Industries, marginally to USD 10.16 per million British thermal unit in line with international trends, an official notification said. However, the price of gas that is used for making CNG for fuelling automobiles or piping to household kitchens for cooking purposes will remain unchanged due to a price cap that is set at 30 per cent less than market rates such as that paid to Reliance. For the six-month period starting October 1, the price of gas from deep sea and high-pressure, high-temperature (HPTP) areas has been raised to USD 10.16 per mmBtu from USD 9.87 per mmBtu during April-September, oil ministry's Petroleum Planning and Analysis Cell (PPAC) said in a notification. The increase follows three straight bi-annual reductions in rates for difficult fields. Price was for six months beginning October 1, 2023, slashed 18 per cent to USD 9.96 per mmBtu from U
The South American country's output fell to 4 billion cubic feet per day (bcfd) this year from almost 8 bcfd in 2016, data from consultancy Gas Energy Latin America shows
Price of domestic LPG cylinder to be Rs. 803 in Delhi
Modi's government already hiked the subsidy for low income households twice last year to 300 rupees per liquefied petroleum gas (LPG) cylinder from 200 rupees earlier to rein in inflation
West Bengal Chief Minister and TMC supremo Mamata Banerjee on Thursday claimed that if the BJP returns to power at the Centre, the government would hike the price of cooking gas cylinder to Rs 2,000. The chief minister was addressing a gathering at a government programme here in Jhargram district. "If the BJP wins the elections, they may hike the price of a cooking gas cylinder to Rs 1,500 or Rs 2,000. Then again, we will have to go back to the old practice of collecting wood to light a fire," Banerjee said. She also gave an ultimatum to the BJP-led central government to complete building houses under the Awas Yojana by April-end, claiming that otherwise her government would start constructing them from May. On Tuesday, Banerjee had set a deadline of April 1 for the central government to complete building houses for the beneficiaries or else her government would build around 11 lakh houses for them. Referring to her government paying MGNREGA workers their due wages which were ...
The reduction in the LPG cylinder price will come into effect from August 29. This will be the first change in the price of the LPG cylinder in six months
The government expects people to move towards electric cooking (e-cooking) as the nation now has a 24x7 electricity supply in households, according to an official. "We want to move towards e-cooking since we have 24/7 electricity in our households," Additional Secretary Power Ajay Tewari said while addressing a conference organised here. He pointed out that India has, in just 18 months, given Saubhagya (scheme) connections to 26 million households who did not have electricity access. Never before in the history of the world has so many households been given electricity connection in such a short time, he noted. "We are supplying energy for 23.5 hours in all urban areas and 23 hours, and more in rural areas. It is a big achievement that the age of power cuts is behind us," a power ministry statement quoted Tewari as saying. He also informed that 700 million people in the world, however, still do not have access to electricity, and universal energy access is one of the priorities of
The state-run companies also raised commercial LPG rates by Rs 350 for the 19 kg commercial cylinders, which now costs Rs 2,119 per refill in Delhi
LPG cylinder price today: The price for a 19 kg commercial cylinder has also been hiked by Rs 350.5
Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect
PNG in Delhi used to cost Rs 29.66 per scm in July 2021. Thereafter rates have been increased on 9 occasions, totaling Rs 20.93
The central government is planning to allocate Rs 44,000 crore as compensation to oil companies for losses they have been bearing by selling LPG at below-market rates, a report said
In flood-hit Assam, LPG delivery vans of PSU major Indian Oil Corporation (IOC) have been replaced by boats for the seamless supply of the fuel to keep the burner flames on
With the new revision, the cooking gas cylinder will now retail at Rs 999.50 in Delhi.
With long lines for fuel, cooking gas, essentials in short supply and long hours of power cuts, the public has been suffering for months
In all, the CNG price has risen by Rs 15.6 per kg in less than six weeks. This includes a Rs 7.50 per kg hike in this month alone
The fear now is that consumers will take longer to come out of their shell, growth will moderate and full recovery from the effects of the pandemic will be stretched out even longer, writes T N Ninan
The oil ministry also said that framework for across counter sale of non-subsidised LPG connections and portability of domestic LPG connections among oil marketing companies has improved
"At present prices, OMCs are absorbing Rs 100 per domestic cylinder," said an executive
Centre assessing appropriate price at which subsidy should resume