Gas Publ: CNG price up by Rs 12 A Kg, PNG is equal to RS 9.50 in Maharashtra

While fuel rates remain at pause prices, CNG and PNG added to the pinch Wednesday. Within a week with the retail price of CNG and PNG, Maharashtra announced another increase in the price of this fuel amounting to Rs 5 / kg and Rs 4.50, quoting a large increase at input prices.

This previously raised the retail price of CNG automatic fuel and cooking PNG gas by Rs 7 and RS 5, respectively.

MGL has been on March 31, reducing the retail price of CNG of Rs 6 / kg and for PNG of RS 3.50 after the state government has cut VAT on this fuel to 3 percent from 13.5 percent effective April 1.

On April 6, MG increases the price of this fuel amounting to RS 7 and RS respectively.

The company today announced an increase in Rs 5 / kg in CNG automatically to Rs 72 / kg and amounting to Rs 4.50 / SCM for domestic pipe natural gas up to Rs 45.50 / SCM inside and around Mumbai.

It is said from April 1, the center has increased the price of natural supply produced domestically by 110 percent.

Furthermore, the LNG re-gasification fee, which is mixed to compensate for the shortcomings of the availability of domestic gas for the domestic PNG and PNG segments, historically high. This combination results in a significant increase in the costs of gas purchased by MGL, he said.

The revised CNG price was cheaper by 59 percent of gasoline 31 percent cheaper than diesel, while domestic PNG was around 19 percent cheaper than LPG, he added.

On March 31, the utility has announced a steep reduction in the retail price of CNG in the amount of Rs 6 / kg and gas pipes of Rs 3.50 / SCM, starting April 1 after the state decreases VAT on natural gas from 13.5 percent to 3 per year. Sen.

But the announcement came on the same day when the producer center was Jacked-Up with a person of 110 percent for the next six months starting April 1 for natural gas produced domestically with a surge in global energy levels.

The price of gas supply from the fields set from ONC and Indian state-owned oils rose to a record USD 6.10 per million British thermal units (MMBTU) of USD 2.90, and the rate for difficult fields such as Deepwater will rise to USD 9.92 per mmbtu for April -September starting at USD 6.13 per mmbtu.