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Price Revision of Non-Subsidised LPG Cylinder to Affect Less than 1% of LPG Consumers

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Capital Market
The Oil Marketing Companies have revised the price of non-subsidised domestic LPG cylinders beyond the annual cap of 12 cylinders by Rs. 16.50 with effect from midnight of 30th June/1st July 2014 in accordance with international prices.

More than 99% customers use less than 12 cylinders per year and thus will remain unaffected by this hike. This price increase will affect only less than 1% of consumers who consume more than 12 cylinders per annum.

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First Published: Jul 03 2014 | 12:22 PM IST

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