Second CNG price hike in last 6 days : Price increased by Rs. 75.61 per kg

CNG (compressed natural gas) prices in Delhi have been raised to Rs 75.61 per kg by Indraprastha Gas NSE 4.22 percent (IGL NSE 4.22 percent). CNG prices have been raised to Rs 78.17 per kg in Noida, Greater Noida, and Ghaziabad, and Rs 83.94 per kg in Gurugram.

Rates are expected to remain high in the near future due to high international natural gas prices, and management is considering decreasing operational costs to cushion the hit to consumers.

According to Sanja, the company’s managing director stated that “Because of the Russia-Ukraine conflict, gas prices are projected to remain high for the foreseeable future.”

In Noida, Greater Noida, and Ghaziabad, CNG would cost Rs 78.17 a kilogramme. In Gurugram, it will cost Rs 83.94 per kg.

Following the recent hike, CNG is currently available at Rs 86.07 per kg in Rewari and Rs 84.27 per kg in Karnal and Kaithal in Haryana.

Meanwhile, it will cost Rs 82.84 per kg in Muzaffarnagar, Meerut, and Shamli in Uttar Pradesh, and Rs 85.88 per kg in Ajmer, Pali, and Rajsamand in Rajasthan.

CNG would cost Rs 87.40 per kg in Kanpur, Hamirpur, and Fatehpur in Uttar Pradesh.

Since October of last year, when local and international gas prices began to rise, city gas distributors have raised prices on a regular basis.

However, LNG prices are at about $20 per unit, which is more than double the average amount. If summer in the western hemisphere is extremely warm, prices will rise much more. In October, domestic gas prices are anticipated to rise even more.