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

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…