In 2022-23, India’s LPG consumption was 28.5 million tons (MT) and production was 12.8 MT. At over 41.1 percent, LPG imports accounted for the largest share of petroleum product imports in 2022-23. Domestic LPG consumption accounted for over 89 percent of total consumption. The adoption of LPG by low-income households …
The United Progressive Alliance (UPA) government on Wednesday announced a steep hike in fuel prices. It increased the price of petrol by Rs. 5, diesel by Rs. 3 and LPG by Rs. 50 a cylinder, but did not touch kerosene. Almost all Opposition parties, the Left and the UPA's allies …
Consumers have not taken too kindly to the government's decision to raise the price of LPG cylinders by Rs 50 in a single stroke. With inflation touching an all-time high, it has anyway been a tough balancing act for homemakers to juggle their household expenses and the gas price rise …
The government is likely to announce a hike in fuel prices on Wednesday to bail out state-owned oil marketing companies (OMCs) that are suffering massive financial losses due to skyrocketing international crude prices. The decision will be first taken at a meeting of the Cabinet Committee on Political Affairs (CCPA) …
Under-recoveries by state-owned oil marketing companies are set to hit a new record in June with the under-realisation on the sale of diesel, the largest selling fuel and also the most politically sensitive, almost matching the subsidised selling price. At Rs 31.58 per litre, the under-realisation on diesel is a …
Monitoring and evaluation (M&E;) experts suggest that agreement among stakeholders on project objectives, a baseline study and a programme of consistent data collection, review and analysis are the cornerstones of good practice. This article describes an electricity to LPG intervention where few of these components were in place, and how …
AMITAV RANJAN Hike, Cuts & Bonds But Govt will push for Rs 3 & Rs 2 per litre for petrol and diesel, Rs 50 for LPG as it anticipates ally pressure. The government has, in principle, decided to increase prices of petrol by Rs 2 per litre, diesel by Re …
A cess or surcharge on income tax and corporate tax may be levied to bail out oil firms reeling under high global prices as the Petroleum Ministry's proposal to raise petrol price by Rs. 10 a litre, diesel by Rs. 5 a litre and that of LPG by Rs. 50 …
Despite political setbacks for the Congress leaving little room for a hike in motor fuel prices, the Petroleum Ministry is toying with the proposal for a "massive hike in petrol' prices to bring them on a par with the market rates. Diesel, LPG and kerosene, however, will be left untouched. …
As the country battles with the fallout of rising crude, it is time for the policy makers to relook at the faulty pricing policy of petroleum products. More often than not, the blame of high crude prices is laid on the taxes - customs duty, sales tax and excise duties …
The LPG marketing companies have again increased the price of liquefied petroleum gas (LPG) by Re 1 to Rs 52 per kilogram in Karachi, Rs 54 in Punjab and Rs 56 in NWFP. Chairman of LPG Distributors Association Hadi Khan said here Tuesday that the retail price of 11.8 cylinder …
Lakhs of vehicle owners in metropolitan cities and major towns will now have to shell out Rs.3 to Rs.4 a litre more for "buying petrol and diesel' as State-run Oil Marketing Companies (OMCs) have "decided' to sell only expensive "branded premium fuel' at these places. The move, which probably has …
The Federation of All India Petroleum Dealers has strongly condemned the move by the Indian Oil Corporation to stop supply of normal petrol and diesel products and instead "force' the dealers to only sell premium branded fuels from their retail outlets. Reports suggested that Indian Oil has cut supply of …
Following the increase in CNG prices, LPG (liquefied petroleum gas) marketing companies have also raised the price of 11.8 kg cylinder from Rs 510 to Rs 530, effective from May 7. The Chairman of LPG Distributors Association, Hadi Khan, said here on Tuesday that the retail price of LPG has …
Fewer gas outlets, lower mileage are prompting auto drivers to go back to petrol SEVERAL autorickshaws in the city are back to using petrol tanks even after converting to LPG, citing problems with using the more ecofriendly fuel. ''I converted my autorickshaw to gas a few months ago following a …
The ministry of economic affairs is assessing the demand trend of liquefied petroleum gas (LPG) in the country to see whether there is a need to increase the annual quota import from India. "If there's a need to increase the quota, it will be done,' said a trade official. "At …
Petroleum Minister Muhammad Asif on Tuesday asked the Oil and Gas Regulatory Authority (Ogra) to frame new laws to ensure safety in handling and use of liquid petroleum gas (LPG). He was addressing an LPG exhibition organised here by the Ministry of Petroleum and LPG sector stakeholders to identify factors …
The second international LPG conference coupled with an exhibition will start here on Tuesday. Spokesperson of LPG said that the aim of conference would be to highlight the true growth potential of the LPG industry and focus issues related to its pricing regulation and safety standards. He said that the …
ALL new private power projects, which are at the drawing board stage, may have to kiss goodbye to their plans of developing power plants based on clean fuel like natural gas. The gas utilisation policy, which will soon receive its official stamp of approval, proposes to give the highest priority …
The Delhi High Court issued notices to the Union Petroleum Ministry and two public sector oil companies, Indian Oil and Bharat Petroleum, on Monday on a petition by a voluntary organisation praying for an inquiry into the artificial shortage of cooking gas in the Capital and the National Capital Region …
