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Govt Announces a Huge Reduction in LPG Prices
Oil and Gas Development Company Limited (OGDCL) has announced a further reduction of Rs. 27 per kg in the production price of Liquified Petroleum Gas (LPG) fixed by the Oil and Gas Regulatory Authority (OGRA).
According to LPG Industries Association of Pakistan Chairman, Irfan Khokhar, in just two days, Pakistan’s LPG producer OGDCL cut the production price of LPG by Rs. 27 per kilogram, which was fixed by OGRA.
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Terming it Ramadan and Eid gift for the general public, Chairman LPG Association said that OGDCL has reduced the LPG production price from Rs. 74,223.47 to Rs. 47,000.
OGRA raises LPG price by Rs10 per kg
Domestic cylinder will now cost Rs1,863, commercial cylinder Rs7,168
All LPG marketing companies, LPG producers and LPG terminals must install tracking system in their owned and hired LPG bowsers for keeping check on the route and movement of bowsers. PHOTO: FILE
ISLAMABAD:
After oil prices, consumers are set to face another setback as the Oil and Gas Regulatory Authority (Ogra) has increased prices of liquefied petroleum gas (LPG) by Rs10 per kilogram.
The price of domestic LPG cylinder has gone up by Rs122 and commercial cylinder by Rs471 following the hike in LPG prices. Domestic cylinder will now be available at Rs1,863 and commercial cylinder at Rs7,168. Ogra hiked LPG price by Rs8,870 per ton for LPG producer companies. The LPG price in the international market jumped to $574 per ton against $536 previously, causing an increase in domestic prices of LPG.