Tag: LPG prices

  • OGRA announces ‘reduction’ of Rs0.81 per kg in LPG price

    OGRA announces ‘reduction’ of Rs0.81 per kg in LPG price

    The Oil and Gas Regulatory Authority (OGRA) has implemented a modest reduction in the price of Liquefied Petroleum Gas (LPG) by Rs0.81 per kg, effective from March 01, 2024.

    The previous consumer price for LPG stood at approximately Rs257.59 per kg. With the latest adjustment, consumers can now avail themselves of LPG at the revised rate of Rs216.79 per kg, indicating a notable decrease.

    For consumers relying on an 11.8 kg LPG cylinder, the cost has been adjusted to Rs3,030.12. This represents a decrease of Rs9.51 per cylinder from the previous price of Rs3,039.63, providing some relief to households and businesses alike.

    The move by OGRA to reduce LPG prices aims to alleviate the financial burden on consumers amid fluctuating economic conditions.

    This adjustment reflects the Authority’s commitment to ensuring fair pricing and accessibility of essential commodities for the public.

    Consumers are encouraged to verify and adopt the new rates, as OGRA continues its efforts to maintain transparency and affordability in the energy sector.

  • Oil and Gas Regulatory Authority implements Rs10 per kg hike in LPG prices

    Oil and Gas Regulatory Authority implements Rs10 per kg hike in LPG prices

    The Oil and Gas Regulatory Authority (OGRA) has announced a revision in the prices of liquefied petroleum gas (LPG), raising it by Rs10 per kilogramme. As per the notification, the new price for LPG will be Rs240 per kilogramme.

    Additionally, the domestic cylinder rate will be increased to Rs2,830, while the commercial cylinder prices will soar to Rs10,900.

    In remote and mountainous regions, the LPG price will be set at Rs370 per kg, with the home LPG cylinder costing Rs4,130.

    The Chairman of the LPG Association, Irfan Khokar, expressed his concern over the government and OGRA’s lack of action against the illegal sale of LPG across the country.

    Furthermore, LPG sellers have called for a countrywide strike to protest against the high prices of the commodity.

    According to reports, LPG is not being sold anywhere in the country at the fixed official price due to black marketeering.

  • Pakistan sees increase in LPG prices following petrol price hike

    Pakistan sees increase in LPG prices following petrol price hike

    The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of Liquefied Petroleum Gas (LPG) in Pakistan, following the recent hike in petrol prices. As per the notification, the price of LPG has been increased by Rs10 per kilogramme, with the new price per kilogramme set at Rs229.

    Moreover, the price of domestic and commercial cylinders of LPG has also been raised. The price of a domestic cylinder has been increased by Rs120, whereas a commercial cylinder will now cost Rs450 more than the previous rate.

    In addition, the federal government recently increased the petrol price by Rs10 per litre for the next two weeks. During a televised speech, the finance minister explained that the hike was due to the rise in international petroleum prices and exchange rate fluctuations.

    As a result, the new petrol price has been fixed at Rs282 per litre, while the rates for high-speed diesel (HSD) and light diesel oil have remained unchanged at Rs293 per litre and Rs174.68 per litre, respectively.

    Furthermore, the government has also raised the price of kerosene oil by Rs5.78 per litre, pushing it up from Rs180.28 per litre to Rs186.07 per litre.

  • OGRA slashes LPG prices by Rs13 per kilogram

    OGRA slashes LPG prices by Rs13 per kilogram

    The Oil and Gas Regulatory Authority (OGRA) has announced a Rs13 per kilog price cut for liquefied petroleum gas (LPG).

    The cost of an LPG household cylinder has been decreased by Rs155, according to a notification released today. Under the revised tariffs, it will be offered for Rs2,581.35, which includes the sale of a commercial cylinder for Rs9,931.65.

    Chairman of the LPG Distributors Association Pakistan, Irfan Khokhar, commented on the matter, claiming that LPG is 45 per cent cheaper than petrol and diesel at present pricing.

    If the government focuses on the sector, he claims that LPG prices can be decreased by another 60 to 65 per cent.

    This is somewhat good news, as many house owners in developing housing societies lack access to Sui Gas connections and rely on LPG cylinders, which are offered at exorbitant costs. The recent price reductions may help consumers cope with the effects of inflation.

    It is important to note that LPG is an alternative and fuel that is mostly utilised for cooking, heating, and lighting especially in rural and hilly sections of the country where natural gas pipelines are not available.

  • Govt okays Rs16/kg hike in LPG prices; petrol prices also up by Rs2.31

    Govt okays Rs16/kg hike in LPG prices; petrol prices also up by Rs2.31

    The government has approved a hike of Rs2.31 and Rs1.80 in the prices of petrol and diesel, respectively, for the month January, while the price of the Liquified Petroleum Gas (LPG) has also been increased by Rs16 per kg.

    “While considering relief for the people, Prime Minister Imran Khan approved the minimum possible increase in prices of petroleum products against OGRA’s [Oil and Gas Regulatory Authority] recommendations,” a Prime Minister’s Office (PMO) press release said.

    OGRA had sought an increase of Rs10.68 in petrol price and Rs8.37 in diesel price, whereas it asked the government to increase the price of kerosene oil by Rs10.92 and light diesel oil (LDO) by Rs14.87; the government however reduced it by Rs3.36 and Rs3.95, respectively.

    Meanwhile, OGRA notified a hike of Rs16 per kilogramme in the prices of Liquefied Petroleum Gas (LPG), effective from today, which comes as another blow for the public already facing high inflation.

    According to OGRA’s notification, the LPG prices are raised by Rs16/kg. With the increase, the LPG cylinder for domestic users will be up by Rs188 and commercial users by Rs722.

    It may be noted here that the consumers are already facing a shortage of gas nationwide and have to rely on LPG cylinders instead.