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LPG, CNG prices to see a 25% cut in April

India's Natural gas prices are likely to be cut by 25% in April, in line with the slump in global rates. It will be the second reduction in six months and will reduce rates to the lowest in two-and-half years. Prices of natural gas, which is used to produce fertilizer and generate electricity and is also converted into CNG for use in automobiles as fuel and cooking gas for households, are set every six months on April 1 and October 1 each year.

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