Oil firms raised prices of non-subsidised cooking gas by Rs 26.50 per cylinder

NEW DELHI: Cooking gas, which consumers will buy after they exhaust quota of three subsidized cylinders this fiscal year, is costlier by Rs 26.50 per cylinder to Rs 922 per unit because of hardening of liquefied petroleum gas rates in the international market, state oil firms said.

State oil companies will pair retail prices of non-subsidised cooking gas cylinders every month from Sept 13 after the government capped supply of subsidized cylinder six in a financial year, an official in Indian Oil Corp said. For the current year, consumers will get only three cylinders at controlled rates, which is Rs 399 per unit.

There is no restriction on the number of non-subsidised cylinders, said the official. Indian Oil Corp sells cooking gas under Indane brand.