ISLAMABAD: On the heels of petrol price-hike, the Oil and Gas Regulatory Authority (OGRA) on Sunday notified a whopping Rs10 per kg increase in the price of Liquefied Petroleum Gas (LPG).
According to the notification, the LPG price was increased by Rs10 per kilogram and its new price per kilogram is fixed at Rs229.
The notification said the price of a domestic cylinder of LPG has been increased by Rs120 and commercial cylinder by Rs450.
Yesterday, the federal government increased the price of petrol by Rs10 per litre for the next 15 days.
In a televised address, the finance minister said that the reason behind a hike in the price of petroleum products was the “increase in petroleum prices in the international market and exchange rate variation”.
As a result, the price of petrol was increased to Rs282 per litre, while high-speed diesel (HSD) and light diesel oil rates remained stable at Rs293 per litre and Rs174.68 per litre, respectively.
Meanwhile, the government increased the price of kerosene oil by Rs5.78 per litre, moving it from Rs180.28 per litre to Rs186.07 per litre.
