Domestic LPG cylinder prices remained unchanged across major Indian cities on Saturday, even as concerns over rising global energy costs continue to mount amid geopolitical tensions in West Asia.
On 16 May, LPG cylinder prices across India held steady despite ongoing global supply disruptions affecting fuel costs.On 16 May, LPG cylinder prices across India held steady despite ongoing global supply disruptions affecting fuel costs.Domestic LPG cylinder prices remained unchanged across major Indian cities on Saturday, even as concerns over rising global energy costs continue to mount amid geopolitical tensions in West Asia. Oil marketing companies (OMCs) including Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited retained the price of the 14.2-kg household LPG cylinder at existing levels in metros including Delhi, Mumbai, Kolkata and Chennai.According to a report by ET, the latest revision issued on May 16 showed that a domestic LPG cylinder in Delhi continues to cost ₹913, while consumers in Mumbai are paying ₹912.50. In Kolkata, the price stands at ₹939, while Chennai residents are paying around ₹928-929 for a standard domestic refill.Commercial LPG cylinder prices, however, remain elevated after multiple hikes over the past few months. According to LPG price trackers, a 19-kg commercial LPG cylinder in Delhi is priced above ₹3,000, while rates in Mumbai, Kolkata and Bengaluru have also risen sharply.CityDomestic LPG (14.2 Kg)Commercial LPG (19 Kg)New Delhi ₹913.00 (0.00) ₹3,071.50 (+993.00)Kolkata ₹939.00 (0.00) ₹3,202.00 (+994.00)Mumbai ₹912.50 (0.00) ₹3,024.00 (+993.00)Chennai ₹928.50 (0.00) ₹3,237.00 (+990.50)Gurgaon ₹921.50 (0.00) ₹3,088.00 (+993.00)Noida ₹910.50 (0.00) ₹3,071.50 (+993.00)Bangalore ₹915.50 (0.00) ₹3,152.00 (+991.00)Bhubaneswar ₹939.00 (0.00) ₹3,238.00 (+993.50)Chandigarh ₹922.50 (0.00) ₹3,092.50 (+993.00)Hyderabad ₹965.00 (0.00) ₹3,315.00 (+994.00)Jaipur ₹916.50 (0.00) ₹3,099.00 (+993.00)Lucknow ₹950.50 (0.00) ₹3,194.00 (+993.00)Patna ₹1,002.50 (0.00) ₹3,346.50 (+993.50)Thiruvananthapuram ₹922.00 (0.00) ₹3,106.00 (+993.00)Commercial LPG rates stay highThe current stability in domestic LPG prices comes after a ₹60 hike implemented in March this year. Household cylinder prices were revised upward amid rising international fuel costs, while commercial LPG rates also saw repeated increases through March, April and May.According to Reuters, LPG prices are being closely monitored as India remains heavily dependent on imports for cooking gas requirements. Global crude oil volatility, disruptions around the Strait of Hormuz and rupee fluctuations have added pressure on state-run fuel retailers in recent months.Despite mounting input costs, the Centre has so far avoided another increase in domestic LPG prices, a move analysts told Reuters is aimed at shielding households from inflationary pressure. Commercial users, however, continue to face the burden of rising fuel expenses.According to a report by TOI, several MSMEs have warned of shrinking profit margins due to soaring commercial LPG rates, with some businesses exploring alternatives such as piped natural gas (PNG) to cut operational costs.Fuel price pressures intensified after India earlier this week raised petrol and diesel prices by ₹3 per litre for the first time in four years. Reuters reported that the hike was linked to elevated global crude oil prices amid the ongoing Middle East crisis.Stay updated with the latest Trending, India , World and US news. HomeNewsWhat LPG cylinder costs on 16 May: Domestic vs commercial rates in Delhi, Mumbai, BengaluruMore
India stands ready to offer full assistance in restoring tranquillity to West Asia, Prime Minister Narendra Modi declared on Friday, 15 May, during discussions with UAE President Sheikh Mohamed bin Zayed Al Nahyan.“We condemned the attacks on the UAE,” Modi said in his opening remarks in the meeting with the UAE leader.The Modi-Al Nahyan summit occurred briefly after the prime minister arrived in the Gulf state for the opening segment of his five-country trip that further encompasses four European nations. The UAE, which houses a major US defence installation, has faced targeted Iranian assaults during the persisting US-Israeli conflict against Iran.People also askAI powered insights from this story•5 QUESTIONSThe meeting focused on strengthening the India-UAE Comprehensive Strategic Partnership, including discussions on energy cooperation, investment, supply chains, and the shifting geopolitical landscape in West Asia. PM Modi also conveyed that the targeting of the UAE is unacceptable.PM Modi stated that the way the UAE has been targeted is unacceptable, emphasizing that the repercussions of the West Asian conflict are being felt worldwide. He also commended the UAE's restraint in handling the situation.During the visit, India and the UAE signed agreements on a Strategic Defence Partnership, a Memorandum of Understanding on Strategic Petroleum Reserves, and an agreement on Liquefied Petroleum Gas (LPG) supplies. An MoU on setting up a Ship Repair Cluster was also signed.Prime Minister Narendra Modi declared that India stands ready to offer full assistance in restoring tranquillity to West Asia and is prepared to extend all possible support to bring peace to the region.The MoU on Strategic Petroleum Reserves establishes a framework for collaboration on building, maintaining, or storing emergency crude oil supplies. This aims to act as an energy safety net, stabilize supply chains, and mitigate the effects of volatile global oil prices.The prime minister emphasised that the repercussions of the West Asian struggle are being experienced worldwide. PM Modi was greeted at the runway by Al Nahyan, signalling the significance of this visit. The Indian PM was also granted a formal guard of honour. In a unique tribute, his plane was flanked by combat aircraft of the UAE.Modi further said: "The way UAE has been targeted is not acceptable", but "the way UAE has handled the current situation with restraint is praiseworthy.""India is ready to extend all possible support to bring peace in West Asia," he added.In a social media post, Modi credited the UAE president for his "kind hospitality" in welcoming him at the Abu Dhabi airfield. During his time in Abu Dhabi, Modi is further slated to conduct talks centring on the India-UAE Comprehensive Strategic Partnership and granular deliberations on the quickly shifting landscape in West Asia."I look forward to our discussions aimed at strengthening the ties between India and the UAE across key sectors, such as energy, investment, supply chains, and more," he said.Fuel stability is expected to be a primary focus of the talks, as India tracks growing volatility in the Gulf zone amid anxieties regarding petroleum stocks and shipping lanes. The trip arrives amid the environment of expanding friction between Gulf authorities over crude output strategies, the Strait of Hormuz closure and regional partnerships involving Israel and Iran.The shifting political forces in West Asia — increasingly moulded by the UAE, Saudi Arabia and Iran — have introduced new hurdles to India's tactical and international considerations in the area. The UAE's current choice to depart the Organization of the Petroleum Exporting Countries (OPEC) has similarly sparked interest, with experts reading the shift as evidence of rising tension inside the oil exporters' group and Abu Dhabi's desire to follow a more autonomous power strategy.After the UAE portion of the mission, Modi will visit the Netherlands, Sweden, Norway, and It
New Delhi: India is stepping up efforts to resolve the long-pending issue of manufacturing technical-grade urea (TGU) and plans to rope in Gujarat State Fertilizers and Chemicals (GSFC) for producing this key component used in diesel exhaust fluid (Adblue), critical to making diesel vehicles, two people aware of the development told Mint.India has a capacity to manufacture 1.5 lakh tonnes of the solid compound annually, as against the automotive industry's requirement for 6 lakh tonnes, with the gap met through imports from the Gulf. However, as the West Asia war continues to disrupt supply chains, the Centre is now considering bolstering domestic production, the people cited above said, requesting anonymity.Urea used in agriculture and technical-grade urea are chemically the same compound. However, technical-grade urea is a highly purified form with a wide range of industrial applications, including in adhesives, and in the manufacture of dyes, pigments, and cosmetics.“There is thinking now to prepare for future supply disruptions also, so that there is lesser import dependence for TGU,” said the first of the two persons cited above, adding that GSFC was being considered for this plan.In the weeks after the war broke out in West Asia, discussions began between the ministries of chemical and fertilizers, and heavy industries about TGU supplies for diesel vehicle manufacturers, after industry lobby group Society of Indian Automobile Manufacturers (Siam) sought to increase TGU output from Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), which according to automakers is the sole maker of the urea used in making Adblue, Mint reported on 15 April.“While automakers procure TGU from GNFC, its parent company GSFC also has some capacity to make the compound, due to which it is being considered as another source,” said the second person.Capacity developedGSFC, which owns 19.80% stake in GNFC, also developed 35 metric tonne per day capacity to make TGU, starting in 2020. However, this capacity is only available when one of its melamine plants is shut down for a few weeks each year, according to the company’s website.Queries emailed to the spokespersons of the ministries of chemicals and fertilizers, heavy industries, GSFC, GNFC, Siam, diesel vehicle makers Tata Motors, Mahindra & Mahindra, and Ashok Leyland remained unanswered.Increasing local TGU manufactuting capacity would help the auto sector cut reliance on imports. “It will be easier to procure TGU locally for auto companies, but there needs to be a check on the quality of the compound that is supplied from new facilities,” said I.V. Rao, distinguished fellow at the transport and urban governance department at The Energy and Resources Institute (Teri).The development assumes importance for India, the second-largest global consumer of fertilizer and the world’s largest urea importer. It has ₹1.77 trillion as budgeted fertilizer subsidy bill, the bulk of which continues to be directed towards urea.Saudi Arabia, the United Arab Emirates (UAE) and Qatar together account for a third of India’s urea imports, but the war in the region has disrupted supplies.Urea, which accounts for about 55% of India's total fertilizer consumption by volume, has an import dependency of around 15%.The fertilizer requirement for the kharif 2025 season (June to October) was 18.5 million tonnes of urea. According to government data, urea availability stood at 7.66 million tonnes as on 11 May, compared to 7.54 mt in corresponding period of last year.Competitive demandAccording to Sachchida Nand, visiting professor at the Indian Council for Research on International Economic Relations (ICRIER), urea has competitive demand in India. “There are several balls you have to keep in the air at the same time, as no industry should suffer from shortages,” he said, noting that the gap between domestic production of urea and demand was about 10 million tonnes each year.Due to the high demand of urea in fertilizer
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