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Cooking gas price surge due to winter, says minister

Union Petroleum Minister Dharmendra Pradhan said that prices of LPG have gone up due to winters. The statement comes after the government increased the price of a 14.2 kg LPG cylinder for domestic use by Rs 50 from December 15.

LPG prices inversely proportional to winters: Dharmendra Pradhan
LPG prices inversely proportional to winters: Dharmendra Pradhan
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Published : Dec 16, 2020, 8:31 PM IST

Indore: Union Minister for Petroleum & Natural Gas Dharmendra Pradhan on Wednesday attributed the hike in the price of domestic cooking gas to 'winters'.

Pradhan said that prices of the Liquified Petroleum Gas (LPG) have been hiked as international fuel prices go up during winters.

"During winters, the global prices of fuel increase during the cold weather which impact the prices in the Indian markets. Once winters are over, the LPG prices will bounce back to normal," Pradhan said.

Cooking gas LPG price on Wednesday was increased by Rs 50 per cylinder, the second hike in rate this month following firming of international prices.

Also, aviation turbine fuel (ATF) price was raised by a steep 6.3 per cent. Non-subsidised LPG price was increased to Rs 694 per 14.2-kg cylinder from Rs 644 earlier, according to a price notification of state fuel marketing companies.

This is the second increase in rate this month. On December 1, the price was hiked by a similar Rs 50 per cylinder. Prior to that, the price had remained unchanged at Rs 594 a cylinder since July. This was the same rate at which subsidised LPG refills are also sold.

READ: LPG price up by Rs 50, ATF rises by 6.3%

Indore: Union Minister for Petroleum & Natural Gas Dharmendra Pradhan on Wednesday attributed the hike in the price of domestic cooking gas to 'winters'.

Pradhan said that prices of the Liquified Petroleum Gas (LPG) have been hiked as international fuel prices go up during winters.

"During winters, the global prices of fuel increase during the cold weather which impact the prices in the Indian markets. Once winters are over, the LPG prices will bounce back to normal," Pradhan said.

Cooking gas LPG price on Wednesday was increased by Rs 50 per cylinder, the second hike in rate this month following firming of international prices.

Also, aviation turbine fuel (ATF) price was raised by a steep 6.3 per cent. Non-subsidised LPG price was increased to Rs 694 per 14.2-kg cylinder from Rs 644 earlier, according to a price notification of state fuel marketing companies.

This is the second increase in rate this month. On December 1, the price was hiked by a similar Rs 50 per cylinder. Prior to that, the price had remained unchanged at Rs 594 a cylinder since July. This was the same rate at which subsidised LPG refills are also sold.

READ: LPG price up by Rs 50, ATF rises by 6.3%

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