New Delhi: Indraprastha Fuel Ltd (IGL) on Thursday raised costs of compressed pure gasoline (CNG) and piped pure gasoline (PNG) in Delhi and Nationwide Capital Area with quick impact.
In Delhi, CNG value has been elevated by Re 1 per kg to ₹59.01 per kg, and PNG fee has been hiked by Re 1 normal cubic meter (SCM) to ₹36.61 per SCM. That is the third improve in CNG costs in a month.
In response to a notification from the corporate, PNG can be priced ₹35.86 per SCM in Noida, Larger Noida and Ghaziabad. CNG can be bought for ₹61.58 per kg in these cities. In Gurugram, PNG is now priced at ₹34.81 per SCM and CNG prices ₹67.37 per kg.
World gasoline and crude costs have been on the rise amid issues over provide crunch publish Russia’s invasion of Ukraine.
The worth hike in PNG and CNG comes on the heels of oil advertising and marketing firms elevating LPG costs. On Tuesday, the value of a non-subsidised 14.2-kg LPG cylinder was elevated by ₹50 to ₹949.50 in Delhi and Mumbai.
Additional, oil advertising and marketing firms have additionally resumed the every day value revision of petrol and diesel beginning 22 March. Prior to now two days, petrol and diesel costs have been elevated ₹1.60 per litre in complete.
Nonetheless, retail costs remained unchanged on Thursday. Within the nationwide capital, petrol is now priced at ₹97.01 and diesel value is at ₹88.27 per litre.
Worth and different commodities, together with LPG and CNG are anticipated to rise additional with the Ukraine disaster nonetheless on. The surge in international oil and gasoline costs impacts India severely, because it imports round 85% of its power necessities.
Round 1.50 p.m., the April contract of pure gasoline on the NYMEX was at $5.22 per metric million British thermal unit (MMBtu), decrease by 0.23% from its earlier shut.
The Could contract of Brent crude on the Intercontinental Alternate was at $122.46 per barrel, greater by 0.76% from its earlier shut.
Supply: Live Mint