New Delhi, Aug. 29 -- Compressed natural gas (CNG) prices in Delhi increased by Rs.3.89 per kg on Saturday, taking the retail price to Rs.86.98 per kg from Rs.83.09, Indraprastha Gas Limited (IGL) said on Friday.

The increase comes amid a sharp rise in international liquefied natural gas (LNG) prices following the escalation of the West Asia crisis, IGL said, adding that the revised prices will apply across all geographical areas supplied by the company.

IGL said Delhi's CNG prices had remained relatively stable during the Hormuz crisis when international gas benchmarks rose sharply. Between late February and August 27, the Delhi CNG retail price increased by around 7.8%, from Rs.77.09 to Rs.83.09 per kg. During the same period, Europe'...