Commercial LPG Cylinder Gets Cheaper, Prices Slashed By Rs 183 In Major Relief

In a major relief, the price of a 19-kg commercial LPG cylinder was slashed by Rs 183.50 on Thursday. The revised rates come into effect from July 1. Following the latest revision, the price of the commercial cylinder in Delhi has come down to Rs 2,930 from the earlier Rs 3,113.50. There has been no change in rates of prices of domestic LPG cylinders.This comes after the government removed all sectoral restrictions on the supply of Non-Domestic Packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis last month, in a major relief to industrial and commercial LPG consumers. The Ministry of Petroleum said that the supply of bulk LPG, which had been suspended at the onset of the crisis, has been relaxed by 50 per

cent of the pre-crisis consumption levels, providing significant relief to commercial and industrial consumers. The restoration follows the recent improvement in the LPG supply situation, the ministry said.During the West-Asia crisis, to augment domestic LPG production, the government had issued orders under the Essential Commodities Act requiring C3-C4 streams to be utilised exclusively for LPG production, diverting them from petrochemical and other downstream uses. (This is a developing story)