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Monday, February 1, 2016

2016 LPG Price Revision - Non-Subsidised Cooking Gas LPG Price Reduced by Rs 82.5 per cylinder Monday February 01,2016

The rates of non-subsidised cooking gas LPG were slashed by Rs 82.5 per cylinder as global prices continue to tumble.

Non-subsidised cooking gas (LPG) now costs Rs 575 in Delhi as against Rs 657.50 previously. The reduction comes on the back of three consecutive price hikes in as many months. Rates were last hiked by Rs 49.5 on January 01,2016

Prior to that, non-subsidised LPG price was raised by Rs 61.50 on December 01,2015 and by Rs 27.5 per cylinder on November 01,2015

The three fuel retailers – Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum – revise jet fuel and non-subsidised LPG prices on the first day of every month, based on the average international price in the preceding month.

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