CNG prices jump by ₹3.89 in Delhi-NCR, reaching ₹86.98 per kg

Compressed Natural Gas (CNG) prices in Delhi and surrounding National Capital Region (NCR) cities saw another increase of ₹3.89 per kilogram on Saturday. This latest hike brings the price in the national capital to ₹86.98 per kg.

The surge in CNG prices is directly linked to the escalating global prices of Liquefied Natural Gas (LNG). Imported LNG constitutes a significant portion of the gas used for CNG supply, and its prices have risen sharply since the conflict in West Asia began.

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With international LNG prices remaining elevated and the cost impact becoming increasingly significant, a calibrated revision of ₹3.89 per kg has now become necessary to partially offset the increase in input gas cost.

International LNG prices have been further pressured by higher demand in Europe as it prepares for the winter season. The conflict in West Asia has also disrupted the flow of energy shipments through critical routes like the Strait of Hormuz.

This price increase is anticipated to add to the financial burden of public transport operators. Auto-rickshaw drivers, who rely heavily on CNG, have previously expressed difficulties in making ends meet due to rising fuel costs. In May, a similar price hike led drivers to seek revisions, with some stating it was "hard to survive" in the NCR due to inflation and rising expenses.

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It is hard to survive in the National Capital Region (NCR) in the wake of price rise and, because of the inflation, it is difficult to save money even for the next day.