The price of a 14.2 kg domestic LPG cylinder has reached ₹913.00 in New Delhi, while Mumbai follows closely at ₹912.50. In contrast, Kolkata records the highest price at ₹939.00, with Chennai at ₹928.50 and Bengaluru at ₹915.50. Hyderabad has the steepest price point at ₹965.00, highlighting the regional disparities in cylinder pricing.

For commercial use, the 19 kg LPG cylinder is priced at ₹1,884.50 in New Delhi and ₹1,988.50 in Kolkata. These figures indicate a significant cost difference between domestic and commercial LPG cylinders, which is crucial for businesses relying on gas for cooking and other operations.

Factors Influencing LPG Prices

India’s reliance on imported LPG plays a pivotal role in determining cylinder prices. Approximately 60% of the country’s total LPG demand is sourced from overseas, making it vulnerable to fluctuations in global oil markets and geopolitical tensions. Such dependencies can lead to unpredictable pricing, affecting both consumers and businesses.

The current pricing reflects not only the costs associated with importation but also the operational expenses incurred by suppliers. As the global market for LPG experiences volatility, Indian consumers may face further adjustments in cylinder prices.

Historical Context and Future Expectations

Historically, LPG prices in India have been influenced by various factors, including international crude oil prices and domestic supply chain dynamics. The recent price adjustments are indicative of ongoing challenges in the energy sector, as the country navigates through supply shortages and fluctuating demand.

Looking ahead, the exact impact of geopolitical tensions on future LPG prices remains unclear. Additionally, the duration of the current LPG supply shortage is uncertain, leaving consumers and businesses in a state of anticipation regarding potential price hikes or stabilizations.

Details remain unconfirmed regarding how these factors will evolve in the coming months, but stakeholders in the energy market are closely monitoring the situation as it develops.

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Indian families are facing an acute cooking gas shortage as the ongoing conflict in West Asia disrupts supply chains. India, the world’s second-largest buyer of liquefied petroleum gas (LPG), sources over 90% of its supplies from the Middle East, making it particularly vulnerable to regional instability.

In the fiscal year 2024-25, India consumed 31.3 million tonnes of LPG but produced only 12.8 million tonnes domestically. This heavy reliance on imports has intensified the crisis, especially after QatarEnergy announced a production stoppage for LNG and associated products, which are crucial for India’s energy needs.

The Ministry of Petroleum and Natural Gas has responded by ordering all oil refining companies to maximize LPG production for household cooking. “All oil refining companies operating in India shall maximise and ensure that Propane and Butane streams produced, recovered, fractionated or otherwise available with them are utilised for production of liquefied petroleum gas (LPG),” the ministry stated.

As a result of these supply issues, the price of a 14.2kg domestic LPG cylinder has increased by Rs 60, now costing Rs 913 in Delhi. This price hike is particularly concerning for the 33 crore active LPG connections in the country, as domestic cooking needs take precedence over commercial uses, according to the Ministry.

Approximately 54% of India’s total natural gas consumption is met through liquefied natural gas (LNG) imports, highlighting the country’s dependency on external sources. GAIL, a major player in the gas sector, reported that its long-term supplier, Petronet LNG Limited, issued a force majeure notice, effectively reducing LNG allocations to zero.

Public sector oil marketing companies have secured 2.2 million tonnes of imports from the US Gulf Coast for 2026, which accounts for about 10% of India’s annual needs. However, the crisis has raised questions about the long-term viability of production at current spot prices.

Details remain unconfirmed regarding the exact impact of the ongoing West Asia conflict on future gas supplies. Observers are closely monitoring the situation as the energy landscape continues to evolve amid these geopolitical tensions.

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