Household cooking gas cylinders in India will see a price hike of Rs 60 due to a substantial increase in the Saudi Contract Price (CP), the primary benchmark for the country’s LPG imports, government sources said on Saturday.

Officials noted that cylinder rates have risen by only Rs 110 over the past few years, and the current increase is relatively modest. “On average, a cylinder lasts for three months. This translates to a hike of 20 paisa per day per user for a family of four,” a source said.

The sources clarified that prices will not change for users under the Ujjwala Yojana social welfare scheme, with the government continuing to cover the additional cost of Rs 60 for these households. For other users, the cost of a cylinder remains below the market price, the officials added.

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Amid rising crude oil prices due to the conflict involving the US, Israel, and Iran, sources dismissed speculation of an increase in petrol and diesel prices. “The government has cut central excise thrice on petrol and diesel, and retail prices in India are among the cheapest globally,” a source said, adding that neighbouring countries and some European nations have raised fuel prices, but India has not.

Union Minister for Petroleum and Natural Gas Hardeep Puri said on Friday that India faces no energy shortage despite supply disruptions caused by the closure of the critical Strait of Hormuz. “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 no cause of worry for our energy consumers,” he said.

The government also confirmed that India is continuing to import Russian crude oil following a temporary 30-day US waiver. “India has never depended on permission from any country to buy Russian oil. India is still importing Russian oil even in February 2026, and Russia is still India’s largest crude oil supplier,” the Centre said, noting that imports increased significantly after 2022 due to discounted prices and refinery demand.

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