The Centre would effect a further reduction in petroleum prices next month, Union Minister for Petroleum and Natural Gas Murli Deora said in Guruvayur on Tuesday.
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A decision on reduction of prices of petroleum products would be taken before February next, Deora, who visited the famous Sree Krishna temple in Guruvayur, said.
Proposal on supply of cooking gas through pipelines was also under consideration in view of the shortage of LPG cylinders, he added.