New Delhi, April 1 – The Ministry of Petroleum and Natural Gas clarified on Wednesday that only the price of commercial LPG has been increased in the country, while the price of domestic LPG remains unchanged to protect households from the sharp rise in the cost of cooking gas, which is being imported amid disruptions due to the Iran war.
"The prices of commercial LPG cylinders, used by industries and hotels, are deregulated and market-determined, and are typically revised on a monthly basis. Their consumption accounts for less than 10 per cent of the total LPG consumed in the country," the Ministry said in a statement posted on X.
The April 1 increase in the price of commercial cylinders is due to a 44 per cent surge in the Saudi Contract Price, from $542/MT in March to $780/MT for April, as 20-30 per cent of global LPG supplies are stuck in the Strait of Hormuz, the statement added.
"In line with the commitment of Prime Minister Narendra Modi, domestic consumers continue to be comprehensively protected, with the price of a 14.2 kg domestic cylinder remaining unchanged at Rs 913. Similarly, the subsidized price of LPG cylinders for the poor under the PMUY scheme remains unchanged at Rs 613," the statement explained.
It further stated that at current prices, public sector oil marketing companies are incurring a loss of Rs 380 per cylinder. Cumulative losses by the end of May will reach approximately Rs 40,484 crore. Last year, out of a total loss of Rs 60,000 crore, Rs 30,000 crore was absorbed by the oil PSUs, and Rs 30,000 crore by the Government of India, in order to protect Indian citizens from high international LPG prices, the statement said.
The Ministry also pointed out that India’s domestic LPG price remains one of the lowest in the world, compared to Pakistan, where the price is Rs 1,046 per cylinder, Sri Lanka at Rs 1,242, and Nepal at Rs 1,208.
The statement also clarified that regular petrol and diesel prices remain unchanged at Rs 94.77 per litre and Rs 87.67 per litre, respectively (Delhi prices). With global petroleum prices up by up to 100 per cent in the last one month, public sector oil marketing companies are incurring under-recoveries of Rs 24.40 per litre on petrol and Rs 104.99 per litre on diesel at retail selling prices as of April 1, 2026.
The recent Rs 2 per litre increase applies only to premium petrol variants – XP95, Power95, Speed – high-octane performance products, the prices of which are revised fortnightly, and their sales constitute only 2 to 5 per cent of the total volume. These are purchased by motorists at a premium, by choice, the statement explained.
Every pump in India continues to offer regular petrol and diesel at unchanged prices, even as prices in countries all over the world have risen by 30-50 per cent, the statement added.
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