Commercial LPG prices slashed by over ₹200 as OMCs offer relief to businesses

State-owned oil marketing companies (OMCs) on Saturday reduced the price of 19-kg commercial LPG cylinders by over ₹200 across major cities, providing relief to restaurants, hotels and other commercial establishments that depend on the fuel for cooking.

The price of 19-kg commercial LPG cylinders has been reduced by more than ₹200 in Delhi and Kolkata. The latest revision, which took effect on August 1, saw the price of a commercial cylinder fall by ₹202 in Delhi and ₹209 in Kolkata.

In Kolkata, the revised price of a 19-kg commercial LPG cylinder stands at ₹2,872.50. The reduction, however, is limited to commercial LPG users.

However, prices of 14.2-kg domestic LPG cylinders used by households remain unchanged.

The reduction comes as global energy markets continue to adjust to supply risks arising from geopolitical tensions in the region.

On July 1, the OMCs reduced the price of 19-kg commercial LPG cylinders by up to ₹183.5 across major cities.

The decision of price reduction comes after commercial LPG prices witnessed multiple increases amid rising global energy prices triggered by West Asia conflict.

Earlier, the government relaxed LPG supply restrictions for commercial and industrial users after fuel availability improved.

It restored 50% of supplies to customers whose allocations had earlier been suspended as part of measures to prioritise domestic household demand.

During the war, 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.

Moreover, the government had directed the OMCs to continue maintaining comprehensive data on commercial and industrial LPG consumers to facilitate efficient planning and supply management.

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