ISLSMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of Liquefied Petroleum Gas (LPG) by approximately Rs4 per kilo gram for the month of December 2024 and issued a notification in this regard.
According to the notification, OGRA has increased the LPG price by Rs3.82 per Kilo Gram and due to this price hike, domestic cylinder increased by Rs45 and commercial cylinder by Rs174 and new price of LPG per kg will be Rs254.86 from December 1.
The new domestic LPG cylinder price has been fixed at Rs3,735, as per kg of LPG has increased by Rs3.82 paise.
As per OGRA notification, now LPG will be available at Rs255 per kg instead of Rs251 per kg, domestic cylinder will be available at Rs3,007 instead of Rs2962, commercial cylinder will be available at Rs11,571 instead of Rs11,397.
LPG Industries Association Pakistan Chairman Irfan Khokhar said that the crisis of natural gas has intensified across the country. In most areas of the country even cooking has become difficult. LPG is the only cheap fuel capable of meeting the shortage of natural gas.
At present there is a daily production of 2000 metric tonnes of LPG across the country while the local consumption has crossed 5000 tonnes. 60% of domestic demand is dependent on imported LPG. Bad policies and high taxes have adversely affected the LPG industry, said Chairman LPG Industries Association Pakistan.
LPG distributors pay billions of rupees in tax. LPG should be made tax free and unnecessary taxes on LPG should be abolished like LNG. If LPG industry is treated like LNG, we will provide LPG to every house at a lower price than to sui gas price, said Irfan Khokhar, Chairman LPG Industries Association Pakistan.
