Nagpur: The price of domestic LPG cylinders has been increased with effect from Saturday, March 7, with the cost of a 14.2-kg household cooking gas cylinder rising by Rs 60 across the country, according to reports. Similarly, the price of a 19 kg commercial LPG cylinder has also been increased by Rs 115 from the same date, impacting businesses such as hotels, restaurants and small commercial establishments.
The hike also applies to commercial LPG cylinders used by businesses. Earlier, the price of a domestic LPG cylinder had remained unchanged since April 2025. The latest revision marks a significant increase for household consumers as well as commercial users who rely on LPG for daily operations.
Gold Rate
Mar 7th, 2026 - Time 11.45Hrs
The increase comes amid discussions around India’s energy supply and fuel availability. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri earlier assured that there is no shortage of energy in the country and that consumers need not worry about supply disruptions.
“Our priority is to ensure the availability of affordable and sustainable fuel for our citizens, and we are doing it comfortably. There is no shortage of energy in India, and there is no cause of worry for our energy consumers,” the minister said in a post on X.
Meanwhile, Indian Oil Corporation also dismissed reports circulating on social media suggesting a shortage of petrol and diesel in the country, terming them baseless.
“India has sufficient fuel stocks, and supply and distribution networks are functioning normally. Indian Oil is committed to maintaining uninterrupted fuel supply across the country. Citizens are requested not to panic or crowd fuel stations and to rely only on official sources for accurate information,” the company said in a statement on X.
Earlier on Friday, government sources said India is in a “very comfortable position” regarding crude oil, petroleum products and LPG supplies despite concerns over disruptions through the Strait of Hormuz.
According to the sources, the country currently has access to more energy supplies from diversified sources than the volume that could potentially be impacted through the Strait of Hormuz. India’s existing stock of crude oil and petroleum products is also adequate to meet domestic demand.
Sources said the government is closely monitoring the situation and plans to ramp up supplies from alternative geographies to offset any potential supply constraints linked to the Strait of Hormuz. They highlighted that India has significantly diversified its crude import basket over the past few years.
Since 2022, India has been importing crude oil from Russia. While Russia accounted for only 0.2 per cent of India’s total crude imports in 2022, the share has risen substantially in the following years. “In February, India imported about 20 percent of its total crude oil imports from Russia, amounting to around 1.04 million barrels per day,” government sources said.
On the LPG front, the government has directed all LPG refineries to increase production to ensure adequate availability across the country. Officials said India currently remains in a comfortable position regarding LPG stocks.
LPG from the US has started coming to India since January, the sources said. Indian PSU Oil companies in November 2025 signed a one-year contract to import around 2.2 MTPA of LPG from the US Gulf Coast for the contract year 2026.
