LPG Gas : According to experts and analysts, there is a huge shortage of gas in the world. Due to which the price of domestic gas in India will double from April 2022. Along with this, the prices of CNG, PNG and electricity will also increase. At the same time, the fertilizer subsidy bill is also expected to increase from April. According to various media reports, domestic gas prices in the country will double from April 2022. Along with this, the prices of CNG, PNG and electricity will also increase.
At the same time, the fertilizer subsidy bill is also expected to increase from April. The biggest reason behind all this is being told that the global gas crisis means there is a huge shortage of gas in the world. However, its effect in India can be seen from the month of April.
Experts and analysts say that the whole world is slowly coming out of the corona virus. This will increase the demand for energy. Whereas in the year 2021, no concrete steps were taken to increase the supply of energy. This is the reason that in the year 2022, energy prices around the world may increase. Whereas in India its effect can be seen from April 2022. Industry experts and analysts say, “The price of gas can be increased from $ 2.9 per mmBtu to $ 6 to $ 7”. At the same time, Reliance Industries says, “The price of deep-sea gas will increase from $ 6.13 to about $ 10.”
On the other hand, AK Jena, managing director of Indraprastha Gas Ltd, said, “If there is an increase of one dollar in the price of domestic natural gas, then the price of CNG will increase by Rs 4.5 per kg. According to experts, the price of CNG may increase by Rs 15 per kg in the month of April. Jena said, “Currently the cost of CNG vehicles is 55 per cent as compared to petrol. If petrol prices continue to rise, this balance will remain. But if the price of oil does not rise or fall, the situation will be different. If the cost arbitrage is 40 per cent or more, then switching to CNG will be of no use..
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