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CNG PNG Price Hike: There will be a shock of inflation! Then the price of CNG and PNG may increase

CNG PNG Price Hike: The prices of CNG and PNG are expected to increase again in the coming days. After which, from cooking at home to traveling in vehicles, it will become expensive. In fact, the gas supplied by the public sector company GAIL to the city gas companies has been increased by 18 percent after monthly review.

Price increased in one year
The price of natural gas supplied by GAIL to city gas companies has been increased by 18 per cent to $10.5 per unit with effect from August 1, 2022. This year the prices have been increased by three and a half times as compared to the end of March and 6 times as compared to August 2021 last year.

City gas companies can increase prices
Let us tell you that GAIL supplies blended gas to city gas companies by mixing domestic and imported LNG. It is believed that after the increase in gas prices by GAIL, city gas companies can announce to increase the prices of CNG and PNG. In Lucknow, Green Gas Limited has similarly increased the price of CNG by Rs 5.3 per kg to Rs 96.10 per kg.

CNG became costlier by 74 percent!
Earlier, due to cheap domestic natural gas, it was successful in keeping the price of CNG PNG as compared to expensive petrol diesel. But rising gas prices have spoiled the budget of the people. In the last one year, CNG has become costlier by 74 percent in Delhi and 62 percent in Mumbai. Last year the price of natural gas was $1.79 per unit, which has gone up to $6.1 per unit in April and $10.5 per unit in August.

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