LPG prices increased by Rs38.97 per kg

MG News | September 01, 2023 at 05:49 PM GMT+05:00

0:00

September 01, 2023 (MLN): The price of Liquefied Petroleum Gas (LPG) has been raised by Rs38.97 per kg, the latest notification issued by the Oil and Gas Regulatory Authority (OGRA) showed.

The new prices will come into effect from September 01, 2023.

As per the notification, the previous price was approximately Rs159.86 per kg, the new rate will now stand at Rs198.83 per kg.

Moreover, for an 11.8 kg LPG cylinder, the cost has been revised to Rs2,346.15, representing a significant increase from the previous price of Rs1,886.30, resulting in an increase of Rs459.85 per cylinder.

Notified LPG Producer prices
Month	Rs / Ton	Rs/kg	Rs /11.8 kg Minder
September 2023	198,826.33	198.83	2,346.15
August 2023	135,999.45	135.99	1,604.79
Increase / (Decrease)	38,970.54	38.97	459.85
Notified LPG Consumer prices
Month	Rs / Ton	Rs/kg	Cylinder
September 2023	240,126.33	240.13	2,833.49
August 2023	201,155.79	201.16	2,373.64
Increase / (Decrease)	38,970.54	38.97	459.85

Price Break-up

Description		Rs / Metric Ton (M.Ton)	Rs /11.8 Kg Cylinder
LPG PRODUCER PRICE	(1) Producers' Price (including excise Duty of Rs85/M.Ton) (Excluding Petroleum levy) Propane 40% and Butane 60%	163,827.89	1,933.17
	(ii) Petroleum levy	4,669.00	55.09
	(iii) (i+ii)	168,496.89	1,988.26
	(iv) 18% GST of (iii)	30,329.44	357.89
	(v) Maximum Producer Price with GST (iii+iv)	198,826.33	2,346.15
LPG CONSUMER PRICE	(i) Producer Price with GST	198,826.33	2,346.15
	(ii) Marketing Margin, Distribution Margin and Transportation: Component-wise Breakup: Marketing Margin: Rs17,000 /M.Ton Distribution Margin: Rs10,000/M.Ton Transportation: Rs8,000 /M.Ton	35,000	413.00
	(iii) 18% GST of (ii)	6,300	74.34
	(iv) Maximum LPG consumer price	240,126.33	2,833.49

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