LPG Price: The government will release new prices of domestic gas on October 1. Specifically, LPG prices are expected to increase by 60 percent.
New Delhi: LPG Price – Natural gas prices have continued to rise in the international market. Its impact on gas produced by domestic mining sectors will soon be apparent. On October 1, the government will release new prices of domestic gas. Specifically, LPG prices are expected to increase by 60 percent.
LPG prices may rise:
According to news agency PTI, the largest state-owned oil and natural gas corporation (ONGC) in India’s oil gas mining sector, this time around, is almost certain to have a 60 percent increase in natural gas prices.
With the increase in LPG prices in the international market, it will have an impact on oil companies’ revenues. The government also ended the LPG Subsidy on LPG gas a few days ago. The oil companies were then forced to accept government subsidies for LPG.
ONGC’s subsidy sthagitagolisuvudarinda advantage:
The company’s annual financial results, information about the ONGC ( , when ONGC ), CMD Subhash Kumar, while in 2021 a barrel of crude oil in January-March, the oil company said that it had sold at 58.05. The price of crude oil rose in the international market after a subsidy given to customers a few days ago, but the company is worth Rs 6,734 crore. Profits have been made. The company will invest Rs 29,500 crore this year, Subhash Kumar said.
