LPG Price Increased by Rs.2 Per KG

In the wake of disturbing news regarding higher petroleum prices, Oil and Gas Regulatory Authority (Ogra) has increased the price of LPG from Rs.2 per kg to Rs 220.42 per kg.

Now the domestic cylinder will be sold at Rs 2,600.97/- and the commercial cylinder will be available at Rs 10,007.12/-.

The Liquid Petrol Gas Industries Association of Pakistan to Prime Minister Muhammad Shahbaz Sharif to bring respite to the life of the masses said that further relief can also be given by the government in LPG price. The current official rate of Liquid Petrol Gas can be reduced by about Rs 100 per kg (50%).

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LPG Industries Association Chairman Irfan Khokhar said the task could be achieved by following the formula of the association, which is as follows:

1. Fix/ freeze the LPG producer base price at Rs 40.000/- per metric tone.
2. Increase the local LPG production.
3. Above all, Asia’s largest plant Jamshoro Joint Venture Limited (JJVL), which has been closed for two years and has caused losses of Rs. 50 billion to the national exchequer, should be started immediately.

The Liquid Petrol Gas is 65% cheaper than petrol and diesel which can be further made cheaper for the poor LPG consumers as per our formula.

“Mr. PM, please provide this severely needed sigh of relief to the people immediately as the government can reduce the price of Liquid Petrol Gas without giving anything from itself and thus no burden on the national kitty,” Mr. Khokhar urged.

The chairman said that the LPG industry should be saved from catastrophe. “By reducing the price of Pakistan’s five largest Liquid Petrol Gas producers affordable LPG to the country’s poor consumers will be available along with a marked reduction in deforestation thus the dream of Greener Pakistan will also come