Consumer prices of gas tumble as utilities slash PNG and CNG prices

Days after new gas pricing norms adopted by Centre, city gas distribution companies across the country announce price cuts for PNG & CNG

Just a day after the Centre officially notified lower domestic natural gas prices, gas utilities across the country announced the reduction of both piped natural gas (PNG), used for cooking, and compressed natural gas (CNG), used as an auto fuel.

India's largest gas utility, state run-GAIL announced a reduction in its domestic PNG prices by Rs seven per Standard Cubic Meter (SCM) in Bengaluru and Dakshin Kannada and by Rs six per SCM in all its other geographical areas (GAs) from Sunday.

CNG prices have also been reduced by Rs seven per kg in Karnataka and Sonipat and Rs six