CNG prices were hiked by Tk 2 per kg in the national capital on Saturday, the 13th increase in just two months. According to data posted on the website of Indraprastha Gas Limited (IGL), the price of CNG in the national capital Delhi is now Rs 75.61 per kg, which has risen from Rs 73.61 per kg – a firm that sells CNG and piped cooking gas retail in the capital and surrounding cities. This is the 13th price increase since March 6.
During this period, the price of CNG has increased by Tk 19.80 per kg. In the last one year, prices have risen by Rs 32.21 per kg, or 60 per cent, according to data compiled by PTI. However, the rate of piped natural gas (PNG) in household kitchens remains unchanged at Rs 45.86 per scm.
City gas distributors have been raising prices since October last year, as domestic and international gas prices began to rise as the global economy recovered from the epidemic-induced recession. Sanjay Kumar, managing director, IGL, said high international gas prices could lead to higher prices in the near future.
In the last three months of 2021, the price of CNG has increased by Rs.
The rate has risen since the government doubled the price of locally produced natural gas to 6. 6.1 million per million British thermal units from 1 April. Domestically produced gas is not enough to meet the city’s gas demand, using imported fuel (LNG). . The spot or current market price of LNG is USD 18-20 per mmBtu
When compressed, natural gas is converted into CNG for use as fuel in automobiles. The same gas is piped into household kitchens and industries for cooking and other work. Mahanagar Gas Limited (MGL) has fixed the price of Compressed Natural Gas (CNG) at Rs 76 per kg in Mumbai. Prices vary from city to city depending on local tax events such as VAT.
Petrol and diesel prices have risen by Rs 10 per liter and cooking gas LPG by Rs 103.50 per cylinder in the last 16 days.