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2 clusters · 74 sources · 3 days · First seen · Last updated

CNG and energy price increases in India

Overview

Indraprastha Gas Limited (IGL) implemented a price increase for Compressed Natural Gas (CNG) in the Delhi-NCR region, raising rates by ₹3.89 per kg. Effective August 29, 2026, the price in Delhi reached ₹86.98 per kg, with varying rates across Noida, Ghaziabad, Meerut, and Gurugram. IGL attributed the hike to rising international Liquefied Natural Gas (LNG) costs, noting that geopolitical tensions in West Asia have disrupted cargo movements through the Strait of Hormuz. This contributed to a significant rise in global benchmarks such as Asia’s JKM LNG, which climbed approximately 113%.

Following these trends, Mahanagar Gas Limited (MGL) implemented price hikes effective September 1, 2026. MGL raised CNG prices to INR 88 per kg and increased domestic PNG by INR 1 per SCM, citing Middle East instability and increased input costs from international indices.

Broader market data reflects these volatility trends. According to the Global Gas Report 2026, global natural gas demand reached a record 4,202 billion cubic metres in 2025, while LNG trade hit a record 580 bcm. In India, rising international energy costs and geopolitical tensions have also led state-owned oil marketing companies to raise aviation turbine fuel (ATF) prices by 5.46 percent to INR 121.28 per litre. Additionally, commercial LPG prices increased by INR 9.50 per 19-kg cylinder. India remains “highly exposed to elevated spot LNG prices,” with rising costs expected to squeeze margins for downstream players.

Entities

Indraprastha Gas Limited · Delhi · National Capital Region · Gurugram · Pakistan LNG Limited

Claims

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Coverage disagrees

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Timeline

  1. 12 days ago

    [BUSINESS] 46 sources
    Global natural gas demand hits record high amid rising fuel costs

    Global natural gas demand and LNG trade hit record highs in 2025. Meanwhile, India faces rising energy costs, with jet fuel and Mumbai's CNG and PNG prices increasing due to geopolitical tensions.

  2. 14 days ago

    [BUSINESS] 49 sources
    Indraprastha Gas Limited hikes CNG prices in Delhi-NCR

    Indraprastha Gas Limited has raised CNG prices by ₹3.89 per kg in Delhi-NCR due to surging international LNG costs driven by West Asia tensions and high European demand.

Sources

aajsamaaj.com · aajtak.com · aldewaan.com · asmfc.com · bairdmaritime.com · berliner-zeitung.de · bhaskarhindi.com · bhaskarlive.in · boereport.com · business.inquirer.net · businessamlive.com · businesstoday.in · chinimandi.com · citizenlab.org · deccanchronicle.com · desitalkchicago.com · dnaindia.com · dnpindia.in · dtnext.in · earlynews24.com · en.prothomalo.com · enavabharat.com · energy21.com.mx · enerjihaber.com · english.publictv.in · epaper.assamtribune.com · hindi.asianetnews.com · hindi.business-standard.com · hindi.latestly.com · hindi.news18.com · hindi.newsbytesapp.com · hindikhabar.com · ibtimes.co.in · informalnewz.com · kalingatv.com · khabarfast.com · latestly.com · lngprime.com · m.haberturk.com · madhyamamonline.com · mangalorean.com · millenniumpost.in · morungexpress.com · munsifdaily.com · navabharat.com · newindianexpress.com · news.abplive.com · news18.com

This summary has been updated 4 times: see revision history