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CNG and energy price increases in India

Updated 4 times since CLSTR started tracking revisions of this situation.

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2026-09-01 04:12 UTC → 2026-09-01 05:41 UTC · added removed

CNG and energy price increases in Delhi-NCR India

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. The company noted costs, noting that geopolitical tensions in West Asia have disrupted cargo movements through the Strait of Hormuz, contributing Hormuz. This contributed to a significant rise in global benchmarks such as Asia’s JKM LNG, which climbed approximately 113%. Following the price adjustment, IGL shares reached a high of Rs 152.39. Despite a 10% rise in revenue, the company reported a sequential decline in net profit of nearly 30% due to climbing procurement costs. The these trends, Mahanagar Gas Limited (MGL) implemented price hike marks the fifth increase for hikes effective September 1, 2026. MGL raised CNG this year and is expected prices to impact commercial vehicle operators INR 88 per kg and transportation costs. 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. Geopolitical tensions in the Middle East In India, rising international energy costs and disruptions in the Strait of Hormuz continue geopolitical tensions have also led state-owned oil marketing companies to constrain global supply and drive up spot prices, intensifying competition between Europe and Asia. 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. Following these trends, Mahanagar Gas Limited (MGL) also 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. In India, LNG imports accounted for 59 percent of total gas consumption in July 2026.

Versions

  1. 2026-09-01 05:41 UTC CNG and energy price increases in India
  2. 2026-09-01 04:12 UTC CNG price increases in Delhi-NCR
  3. 2026-09-01 01:57 UTC CNG price increases in Delhi-NCR
  4. 2026-08-31 14:09 UTC CNG price increases in Delhi-NCR
  5. 2026-08-31 06:58 UTC CNG price increases in Delhi-NCR

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