LPG price hiked by Rs10 per kg

June 27, 2022 (MLN): The Oil and Marketing Companies (OMCs) have increased the Liquefied Petroleum Gas (LPG) by Rs10 per kg to Rs200 per kg.

The price of the LPG commercial cylinder has reached Rs9,532 after witnessing the hike of Rs455, while the price of the domestic cylinder has soared by Rs120 to Rs2,475.

It is pertinent to mention that the incumbent government, during its first two months, has reduced the price of LPG by Rs335 per 11.8-kilogram cylinder aimed at extending all possible relief to the common man amid the increased global-inflation scenario.

Soon after coming into power in April, the coalition government brought down the price of domestic products from Rs2,916.11 to Rs2,735.83 per cylinder for the month of May, extending an Rs15.27 per kilogram instant respite to consumers across the country.

In June, the government found more cushion and further slashed the LPG price by Rs154.48 per 11.8-kilogram cylinder which was highly appreciated by segments of the society, using the fuel, especially in far-flung areas where the gas companies’ networks did not exist.

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