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Wednesday, October 10, 2012

Security Deposit on New LPG Connection Hiked


The Union Ministry of Petroleum and Natural Gas, on Tuesday Oct 9,2012, approved an increase in the one-time security deposit on cooking gas cylinder for those seeking new connections.
Security deposit on domestic (14.2 kg) cylinder has been increased from Rs.900 to Rs.1,150 for those seeking new connection in the North Eastern States, and by Rs.200 to Rs.1,450 in the rest of the country.

The hike in security deposit is a sequel to a demand from oil marketing companies.The increase, applicable to new customers of IOC, Bharat Petroleum and Hindustan Petroleum, comes into effect from Oct 9,2012.

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