Page 2 - Lpg

Monetary policy review: Challenging the status quos and dilemmas

Inflation should remain largely range bound in the coming months (5-6 per cent)

Centre hikes LPG subsidy for Ujjwala beneficiaries to Rs 300 per cylinder

The Ujjwala beneficiaries currently pay Rs 703 per 14.2-kg cylinder as against the market price of Rs 903

Hyderabad-based Megha Engineering gets $648 mn contract in Mongolia

Upon completion, the refinery is expected to process 1.5 million metric tons of crude oil annually, catering to Mongolia's domestic demand for gasoline, diesel, aviation fuel, and LPG

Himachal to provide LPG kits, ration to people affected by heavy rain

People affected by heavy rain in Himachal Pradesh will get free LPG kits and ration, Chief Minister Sukhwinder Singh Sukhu announced on Saturday. The provision of free ration will be extended till March 31, 2024, to ensure that families have access to basic food necessities, a statement issued here said. Gas connection kits with LPG cylinders and ration would be provided free of cost to the affected families hit by rain-related incidents in the state, Sukhu said. The government is committed to ensuring that disaster-affected families have access to essential cooking facilities without any financial burden, he said. The kits include an LPG cylinder, pressure regulator, and a hot plate among others, according to the statement. The chief minister said the government has also initiated efforts to relocate affected families from relief camps to more suitable rented accommodations and provide financial assistance of Rs 5,000 and Rs 10,000 for rural and urban areas.

Govt likely to focus on motor fuel prices ahead of 2024 polls: Citigroup

The government's decision to reduce liquefied petroleum gas could lower inflation by around 30 basis points, economists Samiran Chakraborty and Baqar M. Zaidi said in a note

Centre cuts LPG cylinders price by Rs 200 for PMUY beneficiaries

In July, oil companies increased the price of domestic LPG cylinders by Rs 50. Earlier, the prices were increased twice in the month of May

Short-term inflation in Pak stays above 29% as electricity, LPG price hikes

The short-term inflation on a week-on-week basis measured by the Sensitive Price Index (SPI), rose 3.73 per cent which marks the highest increase in the past two months

After Chotu, Munna LPG cylinders to hit North East markets soon: Indian Oil

After Chotu', Indian Oil is all set to launch Munna' in the North Eastern region soon, a top official said on Friday. The PSU is also focusing on infrastructure development in the region, including setting up LPG bottling units in all the seven states, he added. Addressing a press conference here, executive director and state head, IndianOil, Assam Oil Division, G Ramesh said, After introducing the 5-kg LPG cylinder Chotu' in NE last year, we will also be launching the 2-kg cylinder Munna' soon. Ramesh said bottling units for Munna' will be launched in Tripura and North Guwahati soon. These lightweight LPG cylinders are catering to migrant population in urban and semi-urban areas who do not have local address proof, people with lower gas consumption and commercial establishments with limited space. Munna' will be particularly helpful for people in hilly areas as it will be easy to carry, he added. The per kg price of Munna' is nearly same as the regular domestic cylinder, while ..

Commercial LPG cylinder prices hiked by Rs 7, check new prices here

The price of a commercial 19 kg LPG cylinder hiked by Rs 7. The revised prices are 1780 in Delhi, Rs 1902 in Kolkata, Rs 1740 in Mumbai, Rs 1952 in Chennai

Chhattisgarh CM Baghel hints a big 'LPG' surprise in Cong poll manifesto

Rajasthan has given LPG at Rs 500. Something needs to be kept for the announcement and if everything will be done now then what would be for the announcement (referring to the poll promise)

Incentives on cards to increase LPG cover in remote, inaccessible areas

This includes hilly regions, forests, tribal inhabited areas, sparsely-populated places, disturbed areas, islands and Left Wing extremism (LWE)-affected areas

For a veg thali of Rs 100, Indians paid Rs 109 in 2022; Rs 132 for non-veg

The rise was sharper in the case of non-veg thali because chicken prices rose 55% between April and December

Q4 results: Petronet LNG profit slips 18% to Rs 614 cr, revenue up 24.3%

Company recorded highest ever turnover of Rs 59,899 Cr in FY23, up 39%

LPG Revolution: 170 mn new connections, customer base doubled in 9 yrs

A record 17 crore new LPG connections helped double the cooking gas consumer base to 31.26 crore in the last 9 years, ushering in clean fuel in millions of households across the country, official data showed on Thursday. The active domestic LPG consumers have increased from 14.52 crore in April 2014 to 31.36 crore as of March 2023. This significant increase was primarily due to the Pradhan Mantri Ujjwala Yojana (PMUY), which has led to an increase in LPG coverage from just 62 per cent in 2016 to a whopping 104.1 per cent in 2022. From a period when there was a waiting period to get a new LPG connection, and it would take 7-10 days for delivery of an LPG refill cylinder, cooking gas connections are now available on demand, and refills can be availed partially within 24 hours at most places. Besides the 14.2-kg traditional cylinder, state-owned fuel retailers have introduced 5-kg cylinders for consumers with either lesser demand or lower purchasing power. PMUY was launched on May 01

8 injured after building collapses due to LPG cylinder blast in Delhi

Eight people were injured after a building collapsed due to an LPG cylinder blast at Nangloi road in New Delhi on Monday, said the Delhi fire service

GAIL signs agreement with Shell Energy India on ethane sourcing

It is primarily used as petrochemical feedstock and is separated from the other components of natural gas in most well-developed gas fields

Delhi CNG prices rise 38%, LPG cylinder 22% costlier in last one year

The price of CNG has shot up by nearly 38 per cent while the price of an LPG cylinder increased by about 22 per cent in Delhi during the period of last one year.

Domestic LPG cylinder price hiked by Rs 50 from today; details here

LPG cylinder price today: The price for a 19 kg commercial cylinder has also been hiked by Rs 350.5

LPG cylinder refills by PMUY beneficiaries woefully inadequate, shows data

More than 95.8 million gas connections have been released under PMUY as of February 2, 2023, reveals data available on the official PMUY website

Truck carrying LPG cylinders rams into another in Ajmer, four dead

An LPG-laden truck collided with another one carrying marble in Rajasthan's Ajmer district, leaving four people dead and another injured, police said on Friday. The accident occurred on national highway-8 near Rani Bagh resort on Thursday night, leading to a huge traffic jam on the highway, they said. The fire engulfed neighbouring shops and residences causing damage to property. "Four persons were burnt alive and another was injured in the accident. Neighbouring shops and residences also caught fire," Ajmer Superintendent of Police Chunaram Jat said. He said the fire was doused late last night and traffic has now been restored on the highway. Police teams are assessing the loss and identifying the bodies, he added.