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Jet Fuel and Commercial LPG Prices Rise on September 1

Jet Fuel and Commercial LPG Prices Rise on September 1
Jet Fuel Price Up 5.46%, Commercial LPG Rate Rises ₹9.50 · deccanchronicle.com

Jet fuel became more expensive for airlines from September 1.

Its price rose to ₹121.28 per litre.

Fuel can account for up to 40% of an airline’s operating costs, so airlines may face higher expenses.

Commercial cooking gas also became costlier for businesses such as hotels and restaurants.

A 19-kg cylinder rose by ₹9.50, while a 5-kg cylinder rose by ₹2.

In Mumbai, CNG and household piped gas prices also increased.

The cooking gas used in homes did not become more expensive.

Petrol and diesel prices stayed the same.

These prices are changed each month based partly on international prices and currency exchange rates.

Key facts

ATF increase
₹6.28 per litre, or 5.46%
New ATF price
₹121.28 per litre for domestic airlines
Commercial LPG price
₹2,747.50 per 19-kg cylinder, up from ₹2,738
5-kg LPG price
₹764, up from ₹762
Mumbai CNG price
₹88 per kg, after a ₹2 increase
Mumbai PNG increase
₹1 per standard cubic metre for domestic piped gas
Household LPG price
₹942 per 14.2-kg cylinder, unchanged
Production target
The Petroleum and Natural Gas Ministry set combined maximum LPG production potential at 63,810 tonnes per day for 21 refineries and upstream companies.

Quotes

Mahanagar Gas Ltd

Mumbai-based city gas distribution company

“In view of the ongoing crisis in the Middle East, which has resulted in a significant increase in input gas prices linked to international indices, MGL has announced a revision in the prices of CNG.”
thestatesman.com

Sources

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