Fuel price cut next month: Deora

The Centre would effect a further reduction in petroleum prices next month, Union Minister for Petroleum and Natural Gas Murli Deora said here today.

A decision on reduction of prices of petroleum products would be taken before February 2009, Deora, who visited the famous Sree Krishna temple here, said.

Proposal on supply of cooking gas through pipelines was also under consideration in view of the shortage of LPG cylinders, he added.

Earlier this month, the government had reduced the price of petrol by Rs 5 per litre and diesel by Rs 2 per litre with effect from 6 December.