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CONSUMER DEMAND FOR PNG
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
Govt gives up Rs 14,000 crore in tax revenue after excise duty cut on petrol and diesel: Petroleum MinistryThe Indian government has sacrificed nearly Rs 14,000 crore in tax revenue by lowering excise duty on petrol and diesel. This move aims to ...
Worker shortage clogs up piped gas adoption; 2030 goal seems doubtfulAccording to industry players, the workforce required to install PNG connections does not exist at the scale needed. The shortage has inten...
One hike, many shocks: Indians can't ignore the Rs 933 LPG cylinder price increaseCommercial LPG cylinder prices have surged by Rs 933, impacting India's small food businesses. This price hike threatens to increase meal c...
Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking...
Andhra CM reviews fuel shortage situation, 421 petrol bunks shut amid panic buyingAccording to the Chief Minister's Office (CMO), officials briefed the CM on the district-wise situation. Out of a total of 4,510 fuel outle...
"Companies not able to supply oil properly:" Andhra Petroleum Association flags diesel shortage, long queues at fuel stationsCommuters in Andhra Pradesh face severe diesel shortages. Long queues have formed at petrol bunks for two days. Limited supply from oil com...
No fuel shortage in Karnataka, oil firms urge public to avoid panic buyingFuel and LPG supplies in Karnataka remain stable. Indian Oil Corporation assures no petrol or diesel shortages. Domestic LPG deliveries are...
Akshaya Tritiya sees 30% volume drop in gold buying amid price spikeGold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stay...
Around 10.10 lakh passengers travelled to India since February 28 from region amid West Asia tensions, says GovtIndia is ensuring smooth functioning across key sectors amidst the West Asia situation. The Petroleum Ministry guarantees uninterrupted fue...
India boosts 5-kg LPG supply, accelerates PNG rollout amid West Asia disruptionMore than 13 lakh 5-kg free trade LPG cylinders have been sold since March 23, with daily sales rising above 100,000 units, as authorities ...
PNG piped connections surge as LPG supply tightens in IndiaIn a striking development, India is rapidly expanding its Piped Natural Gas (PNG) network, responding to a scarcity of Liquefied Petroleum ...
CGD stocks slump up to 31% in a year. Can LPG crisis fuel fresh interest in IGL, GAIL, and others?City gas distribution stocks have fallen up to 31% amid an LPG crisis, with the government pushing PNG connections. Despite technical weakn...
Despite PNG meter connection, nearly 40% customers can't access piped gasMany homes with piped natural gas meters are not receiving gas. The regulator is urging city gas companies to fix this issue. This comes as...
LPG demand to decline 7% by 2030 on growing piped natural gas adoptionIndia's LPG demand is projected to fall. Piped natural gas (PNG) will replace LPG use. Household LPG consumption makes up 90% of total dema...
Maharashtra's MGL hikes gas prices for second time in three weeksThe basic price of CNG is increased by Rs 2/kg and domestic PNG by Rs 1.50/SCM for the Mumbai Metropolitan Region (MMR).
- Now, pay more for cooking gas
Over 4 lakh consumers of PNG & 2 lakh CNG consumers will have to pay Rs 1.78 & Rs 2.95 more on each consumed unit of scm and kg respectivel...