LPG Price in 14.2 Kg and 5 Kg cylinders. During last 5 years

LPG Price in 14.2 Kg and 5 Kg cylinders. During last 5 years

101. DR. KALANIDHI VEERASWAMY:

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

(a) the details of the number of cylinders sold to households during the last five years in the country including Tamil Nadu;

(b) the details of price being charged for domestic cylinders in the country at present;

(c) whether the Government is aware that the price of domestic cylinder is very high which puts an extra burden on the consumers in low income category in the country and if so, the reasons therefor;

(d) whether the Government proposes to minimize the price of LPG domestic cylinders based on family income with lowest being five hundred rupees; and

(e) if so, the details thereof and if not, the reasons therefor?

(a) to (e) A statement is laid on the Table of the House.

 

STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (e) OF THE LOK SABHA STARRED QUESTION NO. 101 BY DR. KALANIDHI VEERASWAMY TO BE ANSWERED ON 9th FEBRUARY, 2023 REGARDING ‘PRICE OF LPG CYLINDERS’

(a) Public Sector Oil Marketing Companies(OMCs) sell packed domestic LPG in 14.2 Kg and 5 Kg cylinders. During last 5 years i.e. 2017-18 to 2021-22, OMCs have sold total 816.28 crore cylinders across the country (814.82 crore 14.2 kg and 1.46 crore 5 kg) including 64.53 crore cylinders in Tamil Nadu (64.44 crore 14.2 Kg and 0.09 crore 5 kg).

(b) As on 01.02.2023, Retail Selling Price(RSP) of Domestic LPG Cylinder (14.2 Kg ) is Rs. 1053/- at Delhi. In case of other States, the differences in the RSPs for LPG are mainly on account of distance of the linked ports and bottling plants and consequent transportation costs of LPG.

(c) to (e) India imports more than 60% of its domestic LPG consumption. The average Saudi CP prices on which the domestic LPG prices are based, increased from US$ 454/MT to US$ 693/MT during 2019-20 to 2021-22. During 2022-23 the average Saudi CP has further risen to US$ 710 /MT till February 2023. For domestic LPG, Government continues to modulate the effective price to consumers. Public Sector Oil Marketing Companies have suffered huge losses on sale of domestic LPG. To compensate these losses, the Government has recently approved a one-time compensation of Rs. 22000 crores to OMCs. The Government w.e.f. 21st May, 2022, has started a targeted subsidy of Rs. 200 per 14.2 Kg cylinder for Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries for upto 12 refills a year for year 2022-23.

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