LPG price goes down in May by Rs 100, claims Ministry of Petroleum and Natural Gas

LPG
LPG price goes down in May by Rs 100, claims Ministry of Petroleum & Natural Gas

New Delhi: The Ministry of Petroleum and Natural Gas has stated that there has been a fall of around Rs 100 in the retail selling price of LPG (Liquefied Petroleum Gas) (non-subsidized price) at Delhi in the recent months.
The Ministry stated this in a statement after reports surfaced alleging the hike in LPG price in the recent months.
Here is the full text of the clarification released by the Ministry of Petroleum & Natural Gas.
This is in reference to some news reports on the increase in LPG prices in the recent months which is not based on facts. In this connection, it is clarified that the retail selling price of LPG (non-subsidized price) at Delhi has come down from Rs.747/- in the month of December 2017 to Rs.650.50/- in the month of May 2018, a fall of Rs.96.50/-. This is the price at which a consumer purchases the cylinder refill and the subsidy gets transferred to his account.

Effective cost to the consumer after subsidy has also come down from Rs.495.69/- in December 2017 to Rs.491.21/- in May 2018. This is the actual cost the consumer bears for an LPG refill.

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