Local producers of liquefied petroleum gas (LPG) have increased prices by Rs 6,100 to 73,470 per ton despite a decline in its international prices by $ 130 per ton.
This was stated by the chairman of All Pakistan LPG Distributors Association and chairman FPCCI Standing Committee on LPG Abdul Hadi Khan here Monday.
He has vehemently criticised the producers for raising LPG prices despite the cut in Saudi Aramco Contact Price for May 2012. This unjustified rise will again pull down LPG sales in the country to 30 percent, he feared.
He lamented that LPG cartel was taking advantage of the on-going energy crisis in the country by restricting LPG production to only 800 per day for a long time.
Hadi said that after this increase, retail price of LPG has been jacked up by Rs 6 to Rs 105-106 per kilo in Karachi, Rs 110-111 in Lahore, Rs 115-116 per kilo in Khyber Pukhtoonkhwa and Rs 118-120 per kilo in norther areas, FATA, Batgram, and Azad Jammu Kashmir (AJK).
Similarly, the price of 11.8 kg cylinder has been raised by Rs 72 to Rs 1070-1080 in Karachi, Rs 11165-1180 in Lahore, Rs 1280-1302 in Khyber Pukhtoonkhwa and Rs 1352-1384 in norther areas, FATA, Batgram and AJK.
Price of 45.4 kg cylinder has been hoisted by Rs 277 to 4160 in Karachi, Rs 4454 in Lahore, Rs 4954 in Khyber Pukhtunkhwa, and Rs 5317 in norther areas, FATA, Batgram and AJK.
