PNG is 50% cheaper than LPG now

An informative article on DNA which compares PNG and LPG pricing after the recent announcement to increase LPG prices:

The latest move by the government has made piped natural gas or PNG consumption almost 50% cheaper than LPG, which was so far at par or a little cheaper than PNG due to the telescopic pricing mechanism used by PNG companies. - DNA, 14 Sep 2012

Number of PNG consumers compared to LPG consumers

If someone asks you, ‘What is the % penetration of PNG consumers compared to LPG consumers in India?’, what would be your guess?! 5%?, 10%?, 15? or 20%?!!!...I might have guessed between 5% to 10%.

But, the reality is different. It is just 1.19% as of 24 Nov 2011. 

As per the official news release by Government of India, against a total of 1,328 Lakh LPG consumers, there are only 15.88 Lakh PNG consumers in the country. 

This is a clear indication of potential ahead for City Gas Distribution industry in India.

As I always say, Let there be Light Gas! :)

PNGRB Vs IGL: Supreme Court Decision

I have received couple of e-mails asking about the result of the PNGRB Vs IGL case in Supreme Court. Actually it is my mistake that I missed to post the final part after my initial two posts on this subject.

Following are the highlights of what Supreme Court said:

• PNGRB can process CGD licenses to provide PNG and CNG 
• PNGRB cannot process authorisations for areas where licences have already been issued by the central government (e.g. Ghaziabad) 
• Fill up all vacancies on the board 

You may refer to this link for the news (dated12 May 2011) in detail.