Subsidised LPG increased by Rs 1.50 per cylinder, jet fuel by 6%

LPG

New Delhi, Oct 1:  State-run oil marketing companies have increased the price of subsidised cooking gas by Rs 1.50 per LPG cylinder, while jet fuel by six per cent, effective from Sunday.

As per  the Indian Oil Corp (IOC), price of a subsidised 14.2 kg LPG cylinder will now be Rs 488.68 in New Delhi, as against Rs 487.18 earlier.

Oil marketing companies (OMCs) modify rates of LPG and jet fuel on the first of every month.

Earlier, the subsidised LPG rates were hiked by Rs 7 per LPG cylinder on September 1, as part of the decision to increase prices every month so as to eliminate subsidies.

The price of non-subsidised LPG, which people buy at market rates after exhausting their subsidised quota of 12 cylinders, was also increased  by Rs 1.50 to Rs 599 per cylinder.

The price of aviation turbine fuel (ATF), or jet fuel, was also increased from today onwards by 6.04 per cent to Rs 53,045 per kilolitre in New Delhi, as against the earlier price of Rs 50,020.

Jet fuel prices vary with airports depending on states tax.

Wefornews Bureau

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