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.
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.
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