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The Economic Times

Retailers’ cooking gas losses dip in August, but government dues top Rs 59,000 crore

Suresh Gopi India Oil

The revenue loss incurred by India's state-owned fuel retailers on subsidised cooking gas sales narrowed sharply to Rs 188 per 14.2-kg LPG cylinder in August, from Rs 500 in July, junior oil minister Suresh Gopi told Parliament on Monday.

Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation have been selling a 14.2-kg domestic LPG cylinder for Rs 942 in Delhi since June 2026. The companies sell cooking gas to households at prices below market rates and are compensated by the government for the resulting revenue gap with a lag.

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