19-kg commercial LPG cylinder price hiked by Rs 993; Delhi rate now at Rs 3,071.50

The 19-kg commercial LPG cylinder's price has been hiked by Rs 993 with effect from May 1. After the hike, a 19-kg cylinder will cost Rs 3,071.50 in Delhi.

Prices of domestic cylinders have not been raised.

The previous Delhi rate stood at Rs 2,078.50.


Rates were last raised by Rs 195.50 per cylinder on April 1. Prior to that, prices had increased by Rs 114.5 per 19-kg cylinder on March 1.

Across three hikes, commercial LPG prices have risen by Rs 1,303.

The price of domestic cooking gas LPG -- the type used in household kitchens -- remained unchanged. The last increase in domestic LPG rates was Rs 60 per 14.2-kg cylinder on March 7. In Delhi, it is priced at Rs 913 for a 14.2-kg cylinder.

State-run Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum update ATF and LPG prices on the first day of each month in line with international benchmarks and exchange rates.

Read also | After rate hike: Check the new prices city-wise

Global oil prices have surged by nearly 50 per cent following the war in West Asia, which disrupted energy supply chains.

Petrol and diesel prices have remained unchanged after a Rs 2 per-litre cut in March last year; petrol is currently priced at Rs 94.72 per litre in Delhi, while diesel costs Rs 87.62.

India imports about 60 per cent of its LPG needs.

Before the US-Israel strikes on Iran on February 28 and Tehran's retaliation, more than half of India's crude imports, about 30 per cent of gas and 85-90 per cent of LPG imports came from West Asian countries, such as Saudi Arabia and the UAE.

The conflict has led to a blockade of the Strait of Hormuz, the main transit route for Gulf energy supplies. While India has partly offset crude supply disruptions by sourcing oil from countries, including Russia, gas supplies have been curtailed to industrial users and LPG availability to commercial establishments, such as hotels and restaurants, has been reduced.

The government has also stopped issuing fresh LPG connections in view of the availability crisis.