Lok Sabha Question No. 1122 (UNSTARRED), answered on 2024-02-08
Subject: Price details of Petrol, Diesel and LPG
Ministry: PETROLEUM AND NATURAL GAS
Asked by: T.N. Prathapan

## LOK SABHA UNSTARRED QUESTION NO. 1122 TO BE ANSWERED ON 08 February, 2024

Price details of Petrol, Diesel and LPG

1122. SHRI T.N. PRATHAPAN:

## पेट Ō ोिलयम और Ůाक ृ ितक गैस मंũी

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- (a) whether the Government has the data of price details of Petrol, Diesel and LPG in the country during the last twelve years and the current year and if so, the details thereof; and
- (b) the time period and details of the highest and lowest prices registered for Petrol, Diesel and LPG in the country during the last twelve years and the current year along with the price details of crude oil during that time period?

## ANSWER

## पेट Ō ोिलयम और Ůाक ृ ितक गैस मंũालय मŐ राǛ मंũी ( ŵी रामे̻  वर तेली )

## MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS (SHRI RAMESWAR TELI)

- (a) & (b): The details of yearly average prices of petrol, diesel and domestic LPG in Delhi since 2011-12 are at Annexure.

The details of highest and lowest Retail Selling Prices (RSP) of petrol and diesel at Delhi during the last 12 years are given below:

| Product   | Particulars   |   RSP (Rs./Ltr) | Year     |   Crude Oil price during the year |
|-----------|---------------|-----------------|----------|-----------------------------------|
| Diesel    | Lowest        |           41.29 | 2012-13* |                            107.97 |
| Diesel    | Highest       |           98.42 | 2021-22  |                             79.18 |
| Petrol    | Lowest        |           56.49 | 2015-16  |                             46.17 |
| Petrol    | Highest       |          110.04 | 2021-22  |                             79.18 |

Source: Petroleum Planning and Analysis Cell (PPAC)

*Prices of Diesel were deregulated from October 2014.

Prices  of  LPG  in  the  country  are  based  on  Saudi  Contract  Price  (CP),  the  benchmark  for international prices of LPG. The details of highest and lowest Retail Selling Prices of domestic LPG at Delhi since 18.09.2012 are given below:

| Particulars   | Period         | RSP of Domestic LPG at Delhi ( Rs./14.2 KGCyl.)*   |   Corresponding Saudi CP($/MT) |
|---------------|----------------|----------------------------------------------------|--------------------------------|
| Lowest        | September 2016 | 466.50                                             |                            310 |
| Highest       | January 2014   | 1,241.00                                           |                           1016 |

Source: Petroleum Planning and Analysis Cell (PPAC)

* Price notified for Non-subsidised Domestic LPG price introduced w.e.f. 18-Sept-2012.

Annexure referred to in reply to  Lok Sabha Unstarred Question No. 1122 asked by Shri T.N. Prathapan to be answered on 08.02.2024 regarding 'Price details of Petrol, Diesel and LPG'

| Year                           | Average Product RSP (Delhi) (Rs/ltr)   | Average Product RSP (Delhi) (Rs/ltr)   | Average RSP of domestic LPG at Delhi (Rs/14.2kg cylinder)   |
|--------------------------------|----------------------------------------|----------------------------------------|-------------------------------------------------------------|
| Year                           | Petrol                                 | Diesel                                 | Average RSP of domestic LPG at Delhi (Rs/14.2kg cylinder)   |
| 2011-12                        | 64.71                                  | 40.27                                  | NA                                                          |
| 2012-13                        | 68.75                                  | 45.26                                  | 897.45*                                                     |
| 2013-14                        | 69.76                                  | 51.97                                  | 968.08                                                      |
| 2014-15                        | 66.37                                  | 53.38                                  | 832.57                                                      |
| 2015-16                        | 61.59                                  | 47.01                                  | 586.09                                                      |
| 2016-17                        | 64.61                                  | 53.24                                  | 554.17                                                      |
| 2017-18                        | 69.20                                  | 58.78                                  | 657.41                                                      |
| 2018-19                        | 75.37                                  | 68.22                                  | 754.33                                                      |
| 2019-20                        | 72.69                                  | 65.78                                  | 688.03                                                      |
| 2020-21                        | 80.84                                  | 73.58                                  | 650.80                                                      |
| 2021-22                        | 98.05                                  | 87.42                                  | 866.85                                                      |
| 2022-23                        | 97.90                                  | 90.58                                  | 1,038.70                                                    |
| 2023-24 (till 31 January 2024) | 96.72                                  | 89.62                                  | 1001.69                                                     |

Source: Petroleum Planning and Analysis Cell (PPAC)

* Price notified for Non-subsidised Domestic LPG price introduced w.e.f. 18-Sept-2012.