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Commuters take a hit: Why global LNG costs just forced a sharp rise in Delhi`s CNG rates
Compressed Natural Gas (CNG) in Delhi now costs Rs 86.98 per kg after Indraprastha Gas Limited (IGL) announced a Rs 3.89 price hike due to soaring global LNG costs.
GlobeSignal-AIhigh certainty
- Why it matters
- Commuters paying for compressed natural gas in Delhi face higher transport costs due to a direct pass-through of international liquefied natural gas prices by the utility.
- Most affected
- Delhi commuters using CNG vehicles — Face higher fuel costs immediately from the price hike.
- Likely next
- Whether IGL announces further CNG price adjustments if global LNG costs continue rising or stabilize.