On August 16, 2026, the prices for Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), and Piped Natural Gas (PNG) saw no significant changes across India's major metropolitan areas. This stability comes despite ongoing concerns about global energy markets and India's efforts to secure its long-term fuel supplies.
Amidst this price steadiness, India is actively pursuing a strategic shift in its energy sourcing. The government has directed state-run fuel companies to significantly increase their LPG imports from the United States by 2027, aiming to reduce dependence on West Asian suppliers and mitigate potential disruptions.
Current Fuel Prices (August 16, 2026)
Here are the latest fuel rates for key Indian cities:
Domestic LPG Cylinder Rates (14.2 kg)
- Delhi: ₹942
- Bengaluru: ₹944.50
- Hyderabad: ₹994
- Mumbai: ₹941.50
- Chennai: ₹957.50
- Kolkata: ₹968
- Jaipur: ₹945.50
- Noida: ₹939.50
- Gurugram: ₹950.50
- Chandigarh: ₹951.50
Commercial LPG Cylinder Rates (19 kg)
- Delhi: ₹2,738
- Bengaluru: ₹2,821
- Hyderabad: ₹2,985
- Mumbai: ₹2,691.50
- Chennai: ₹2,906
- Kolkata: ₹2,872.50
- Jaipur: ₹2,765.50
- Noida: ₹2,738
- Gurugram: ₹2,755
- Chandigarh: ₹2,760
CNG Prices per Kilogram
- Delhi: ₹83.09
- Bengaluru: ₹97
- Hyderabad: ₹109
- Mumbai: ₹86
- Chennai: ₹97
- Kolkata: ₹99.50
- Jaipur: ₹96.50
- Noida: ₹91.70
- Gurugram: ₹88.12
- Chandigarh: ₹99.90
PNG Prices per Standard Cubic Meter (SCM)
- Delhi: ₹49.59
- Bengaluru: ₹53
- Hyderabad: ₹51
- Mumbai: ₹51.50
- Chennai: ₹50
- Kolkata: ₹50
- Jaipur: ₹49.50
- Noida: ₹49.45
- Gurugram: ₹48.40
- Chandigarh: ₹54.70
India's Shifting Import Strategy
To enhance energy security and reduce geopolitical risks, India is increasing its reliance on the United States for LPG imports. Government directives mandate that Indian Oil, Bharat Petroleum, and Hindustan Petroleum source at least 15% of India’s 2027 LPG imports through US term contracts. The nation aims to raise this share to as much as 25% by 2027. Earlier this year, India secured its first-ever US term supplies, contracting approximately 2.2 million tonnes, representing 10% of its total LPG imports.
Executives from the three state-owned refiners are currently in the US, actively negotiating new supply deals. A joint tender for US LPG is planned following the evaluation of potential suppliers and offers.
Financial Strain on State Retailers
Despite the stable consumer prices, state-run fuel retailers continue to sell domestic cooking gas below cost, leading to significant financial burdens. Junior oil minister Suresh Gopi informed lawmakers that the revenue loss for these retailers on each 14.2 kg household LPG cylinder stood at ₹188 in August. While the government compensates retailers for these losses, payments often arrive with a considerable lag.
Gopi stated that the government disbursed ₹30,000 crore to clear some dues for the 2025/26 and 2026/27 fiscal years. However, pending LPG dues to state retailers still exceeded ₹59,000 crore as of July 31, highlighting the ongoing financial strain.
Declining LPG Consumption
LPG consumption in India experienced a notable decline of over 16% year-on-year last month, reaching 2.35 million tonnes. This reduction is attributed to shortages that have prompted households and industries to seek alternative fuels, including piped natural gas and more polluting options like biomass and kerosene, further complicating India's energy landscape.