India's LPG Price Hikes and PNG Mandate: Key Changes Coming in August
The Indian government has announced several changes to LPG (Liquefied Petroleum Gas) policies and prices, set to take effect from August 1, 2026. The most significant change is in LPG prices, which are expected to increase due to rising crude oil prices.
According to Trading Economics, crude oil prices have risen by 40% in July so far, largely due to supply disruptions. As a result, the likelihood of a hike in LPG prices for August 2026 is high. In fact, the 19 Kg LPG price was cut by Rs 173 to Rs 183.50 per cylinder across cities in July 2026, but this was an exception rather than the rule.
Another significant change is that the government has made it mandatory for households to switch to PNG (Piped Natural Gas) if there is an infrastructure available in their locality. This move aims to reduce reliance on LPG cylinders and promote a cleaner and more efficient fuel source.