Non-subsidised LPG price hiked by Rs 10.50 per cylinder; Jet Fuel by 7.5%

Post Monday's hike, non-domestic LPG will cost Rs 626.50 as against Rs 616 per cylinder

Oil marketing companies (OMCs) on Monday increased the prices of non-subsidised cooking gas by a Rs 10.50 a cylinder and that of jet fuel, or aviation turbine fuel (ATF), by 7.5 per cent, in line with global prices.

Non-domestic cooking gas, which consumers buy after exhausting their quota of 12 cylinders of 14.2-kg each at subsidised rates, will now cost Rs 626.50, against Rs 616 a cylinder.

The market priced five-kg cylinders will cost Rs 318.50 and 19-kg ones will cost Rs 1,151 a cylinder beginning Monday.

The price increase comes on the back of a Rs 5 a 14.2-kg cut in rates effected from May 1.

Households in Delhi are entitled to 12 cylinders of 14.2-kg each at a subsidised rate of Rs 417.

Any requirement beyond this has to be bought at the market price.

OMCs also raised the price of jet fuel by Rs 3,744.08 a kilolitre (kl) to Rs 53,353.92. The prices were earlier raised on May 1 by a marginal Rs 272 or 0.5 per cent to Rs 49,609.84 a kl.

ATF constitutes over 40 per cent of an airline’s operating costs.