LPG price further comes down by Rs5/kg


The price of LPG has further reduced by Rs5/kg in the country amid the strike call of distributors and threat to halt distribution by Liquefied Petroleum Gas (LPG) marketing companies, which are facing reduction in sales. LPG distributors announced to observe a sit in before the head office of Oil and Gas Regulatory Authority (OGRA) on March 3 against the increase in LPG price which reached a record hike during the last couple of months without any notification of OGRA. The price was being increased by the LPG marketing companies presenting excuses of jump in international price of the gas. However, soon after the announcement of strike and halt in the sale of LPG, what LPG Distributors Association of Pakistan claimed, the price of the gas on Friday faced further reduction by Rs5/kg and the price of LPG in hilly areas of the country reduced from Rs175 from Rs180/kg. Prices of domestic cylinder have also been reduced by Rs250. According to Irfan Khokhar, Chairman of the Association, the association would continue its resentment until price of highly consumed LPG was reduced to a justified level. After the slight reduction in prices, LPG was now available in Gilgit Baltistan, FATA, Balakot, Azad Kashmir, Muzaffarabad, Swat, etc, at the price of Rs175/kg. LPG prices in Rawalpindi, Islamabad, Mansehra, Nathyagali, Swat and Murree have been reduced from Rs160 to Rs155/kg. In Karachi, Lahore, Gujranwala, Qasoor, Sahiwal, Khaniwal, Jhang and Sargodha, the prices have been reduced from Rs145 to Rs135/kg. Prices in Peshawar, Dera Ismail Khan, Kohat, Sadiqabad, Rahim Yar khan, Mandi Bahuddin, and Sakhar have been reduced from Rs150 to Rs145/kg. While prices in Faisalabad, Gujrat, Jehlum, Mirpur, Multan, Dera Ghazi Khan and Bahawalpur, declined from Rs145 to Rs135/kg.