Following a decrease in LPG price in the international market, marketing companies in the country have reduced the price by Rs 15 per kg, Rs 180 per domestic cylinder and Rs 720 per commercial cylinder. Chairman LPG Association Irfan Khokhar told online that LPG price in the international market has been reduced by Rs 15,000 per metric ton. He said that LPG price has been decreased from $861 to $700. He said that during the last four months LPG price in the international market has been reduced from $1200 per metric ton to $700 per metric ton.
He said that from 1st May LPG producer price is Rs 67380 per metric ton therefore LPG price in the country should be Rs 80 to 85.
Irfan Khokhar said that after this decrease the price of LPG in the country would be reduced to Rs 15. He said that LPG marketing companies are looting the nation and in this regard government should take action.
Meanwhile, marketing companies of Liquefied Petroleum Gas (LPG) have increased the rate of LPG by almost Rs 5 per Kilogram to Rs 110. Chairman LPG Distributor Association Abdul Hadi Khan told private TV channel, that despite the double hike in the prices, the sale out of the Liquefied Petroleum Gas has been limited upto 800 tons by the marketing companies. He said that the LPG rate reached upto Rs 99 to Rs 100 in Khyber Pakhtoonkhwa and Rs 110 in Mansehra and Batgram due to the recent increase in the LPG prices.
