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New Delhi: In a big relief for consumers, oil marketing companies on Tuesday slashed the price of per unit commercial LPG cylinder by Rs 115.50 with immediate effect. This is the seventh cut in price of the 19 kg commercial LPG cylinder unit since June, in line with declining international energy prices.

The Indian Oil Corporation announced Rs 115.50 cut in the prices of 19 kg commercial LPG cylinder which brings down its price in New Delhi to Rs 1,744 from Rs 1,859.50 per cylinder earlier. One unit of the 19 kg LPG cylinder will now cost Rs 1,696 in Mumbai, Rs 1,846 in Kolkata and Rs 1,893 in Chennai (reduced by Rs 116.5).

Since June, commercial LPG cylinder rates have come down by Rs 610 per 19 kg cylinder. On October 1 too, the prices of commercial LPG



cylinders were reduced. OMCs last month cut the price of per unit 19 kg cylinder by Rs 25.50. With this latest revision, a 19 kg commercial LPG cylinder will retail at Rs 1,859 in the national capital, down from Rs 1,885.

However, there has been no change in the prices of domestic cylinders since July 6, when they were hiked by Rs 50 per unit. Previously, the prices for domestic cylinders were revised on May 19, 2022. A 14 kg domestic LPG cylinder currently sells at Rs 1,053 per unit in the national capital Delhi. In Kolkata, Mumbai, and Chennai, it cost Rs 1,079, Rs 1,052.5, and Rs 1,068.5, respectively.

Gas companies update the price of gas cylinders on the first of every month. Commercial LPG gas is mostly used in hotels, food shops etc.

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