Till now, users of petrol and diesel were complaining of sharp rise in fuel prices. Now, the price of Combined Natural Gas (CNG) and Piped Natural Gas (PNG) also seems to be meeting the same fate following the rise in price of domestic natural gas by the Petroleum Ministry.
The price has been increased to USD 3.36 per Million Metric British Thermal Unit (MMBTU) from the existing 3.06 MMBTU. The hike will be applicable from October 1 onwards. This will result in a rise of four to five per cent in the price of CNG and PNG, market sources say.
This is the third consecutive hike taking place every half yearly, and will have an effect on the price of CNG, considered a clear fuel for vehicles, and PNG that provides cooking gas to households through a piped network. Read more
Latest posts by dnaindia.com (see all)
- Aviation Turbine Fuel and Natural Gas should be brought under GST: Dharmendra Pradhan - October 14, 2019
- To ensure last-mile connectivity, Railways to flag off 10 new ‘sewa service’ trains on Oct 15: Details inside - October 12, 2019
- Mumbai: Western Railway assembles team to tackle littering on railway premises - October 8, 2019