Sujata Sharma
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LPG supply stable, but oil firms still losing nearly Rs 700 on every cylinder sold
Oil Marketing Companies (OMCs) continue to face under-recoveries of nearly Rs 700 on every domestic LPG cylinder despite a range of measures taken by the government to strengthen supplies, ministry of petroleum and natural gas said on Thursday. Addressing an inter-ministerial briefing, Sujata Sharma, joint secretary in the ministry of petroleum and natural gas, said that the government has stepped up domestic LPG production and secured imports to ensure adequate availability across the...
Fuel price cut call: Transporters body urge Centre to cut petrol, diesel prices
The All India Motor & Goods Transport Association (AIMGTA) has urged the Centre to reduce petrol and diesel prices, arguing that a sharp decline in international crude oil prices should be passed on to consumers and the transport sector, reported PTI. In a representation to the government, the association said global crude oil prices have fallen from around $104 per barrel to about $90 per barrel, creating room for a reduction in domestic fuel prices. The transporters' body said elevated...
Commercial LPG gets costlier: How much will a 19-kg cylinder cost? Check city-wise rates
Commercial LPG cylinder prices were hiked across India on Monday, with the cost of a 19-kg commercial cylinder rising by Rs 42 to Rs 53.50 in major cities. The revised rates came into effect from June 1 and apply to commercial LPG cylinders used by hotels, restaurants and businesses. There has been no change in the price of domestic cooking gas cylinders.
Commercial LPG gets costlier: Cylinder sees average hike of Rs 47.75 across cities
Commercial LPG prices across India have been increased by Rs 42 to Rs 53.50 per cylinder from Monday. The price hike comes amid concerns over fuel supply security and efforts to strengthen LPG reserves following recent disruptions linked to the West Asia conflict. The price of a 19-kg commercial LPG cylinder in Delhi has been raised by Rs 42, taking the retail price to Rs 3,113.50.