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India Lifts LPG Prices by Rs 60 as Refiners Ordered to Prioritise Household Supply

Global price spikes from West Asia tensions prompted price revisions alongside a directive for refiners to channel propane and butane to public marketers.

Overview

  • Oil marketing companies raised non‑subsidised 14.2‑kg LPG to Rs 913 in Delhi and increased 19‑kg commercial cylinders by about Rs 114.5–115 to Rs 1,883, effective March 7.
  • Invoking the Essential Commodities Act on March 5, the government directed all refiners to maximise LPG output and supply propane/butane only to IOCL, BPCL and HPCL for domestic use.
  • Officials said supplies are comfortable, citing roughly 25 days of LPG inventory and diversified sourcing, and government sources indicated no plan to raise petrol or diesel prices.
  • Supply diversification includes US LPG shipments that began in January and a US Treasury 30‑day waiver allowing Indian refiners to purchase certain stranded Russian oil cargoes.
  • Ujjwala beneficiaries continue to receive a Rs 300 subsidy per 14.2‑kg cylinder, putting the effective Delhi price near Rs 613, even as industrial users face tighter petrochemical feedstock.