LPG under-recovery remains around Rs 700 per domestic cylinder despite supply measures: Petroleum Ministry
New Delhi, June 4 -- Despite a series of government supply interventions aimed at stabilising the domestic energy market, state-run Oil Marketing Companies (OMCs) continue to experience significant financial strain, with under-recoveries hovering around Rs.700 per domestic LPG cylinder, according to the Ministry of Petroleum and Natural Gas.
Addressing an inter-ministerial briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, on Thursday said that the government has taken several steps to ensure adequate LPG availability, including increasing domestic production and securing imports.
"As far as the under recovery on LPG domestic cooking cylinder is concerned, it is still in the range of almost 700 rupees...
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