
Domestic and commercial LPG cylinder prices in India remained largely unchanged on Thursday despite continued volatility in global oil markets. Due to the ongoing US-Iran war, fuel supply disruptions have triggered the third hike in commercial LPG prices in India since the conflict began on 28 April.
Commercial LPG cylinders, commonly used by hotels and restaurants, have become costlier by ₹993, pushing the price of a 19-kg cylinder to an all-time high of ₹3,071.50. Meanwhile, the price of 5-kg FTL (market-rate) LPG cylinders has risen sharply from ₹549 to ₹810.50 per cylinder.
With this hike, the 5-kg FTL cylinder is now priced only slightly below the ₹913 cost of the standard 14.2-kg domestic LPG cylinder used in households.
Domestic LPG prices were hiked by ₹60 per 14.2-kg cylinder on March 7.
| Cities | Domestic (14.2 Kg) | Commercial (19 Kg) |
|---|---|---|
| New Delhi | ₹913.00 | ₹3,071.50 |
| Mumbai | ₹912.50 | ₹3,024.00 |
| Kolkata | ₹939.00 | ₹3,202.00 |
| Chennai | ₹928.50 | ₹3,237.00 |
| Chandigarh | ₹922.50 | ₹3,092.50 |
| Hyderabad | ₹965.00 | ₹3,315.00 |
| Jaipur | ₹916.50 | ₹3,099.00 |
| Patna | ₹1,002.50 | ₹3,346.50 |
| Thiruvananthapuram | ₹922.00 | ₹3,106.00 |
The government on Wednesday said it is making "every possible effort" to ensure an uninterrupted supply of LPG, crude oil and natural gas amid the ongoing West Asia crisis, while cautioning against panic buying at retail fuel outlets, as reported by ANI.
Addressing an inter-ministerial briefing, Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) in the Ministry of Petroleum and Natural Gas, said, “Our imports are affected due to the West Asia crisis, whether it is LPG, crude or natural gas. But the Indian government is trying to ensure that domestic supply, domestic LPG consumers are provided with 100 per cent supply.”
She added that "70 per cent of the commercial supply is being provided" even as authorities continue efforts to maintain stable fuel availability across the country.
On commercial and transport fuel supply, Sharma said "approximately 15,900 tonnes of commercial LPG were sold in the last two days" while "876 tonnes of auto LPG were sold by PSU OMCs."
The official also said that over "1,20,000 5 kg cylinders were sold in the last two days" as part of efforts to improve accessibility of cooking fuel.
Earlier on Wednesday, S&P Global projected India’s GDP growth to slow to 6.6 per cent in the current fiscal year, down from its earlier estimate of 7.1 per cent. The report also stressed that reforms in energy and food security will be crucial for India to achieve its Viksit Bharat 2047 vision.
According to the joint report by CRISIL and S&P Global, titled India Forward, the country is currently facing external economic pressures due to energy supply disruptions, rising oil and gas prices, and currency volatility. The report recommended that India develop a comprehensive energy storage policy to build strategic reserves and strengthen energy security.