Ogra Slashes Price Of Indigenous LPG By Rs13 Per Kg For June

Ogra Slashes Price Of Indigenous LPG By Rs13 Per Kg For June

Ogra Slashes Price Of Indigenous LPG By Rs13 Per Kg For June

Authorities have finalized hiking up the gas rate for SNGPL customers up to 45% and 44% for SSGC consumers

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The Oil and Gas Regulatory Authority has cut the cost of native liquefied petrol gas (LPG) by Rs 155 for each 11.8 kg chamber or Rs13 per kg.

As per the notice gave by Ogra, the cost of native condensed oil gas (LPG) has been diminished by Rs.13/kg to Rs 218.76 per kg.

According to the notice, cost of LPG 11.8kg homegrown chamber has been diminished by Rs 155(5.66pc) to Rs 2,581.35 from the current Rs 2736.31.

The cost of business chamber has been decreased to Rs. 9,931.65.

According to the Ogra computation, the makers’ cost of LPG (propane 40% and butane 60%) not set in stone at 147,304.38/ton. This cost included extract obligation of Rs85/ton, while barring the petrol demand.

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Under this head, the maker cost of Rs1738.19/11.8kg chamber has been worked out.

Promoting/circulation edge has been set at Rs35,000 per ton (Marketing Margin Rs 17000/M.Ton+ Distribution Margin 10000/M.Ton+ Transportation Rs 8000/M.Ton) or Rs413 per chamber; an oil toll of Rs4,669 per ton would likewise be charged, which would convert into Rs55.09 per chamber.

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Preceding the inconvenience of general deals charge, the customer cost would be Rs151,973.38 per ton, while the cost of the 11.8kg chamber is Rs1783.29.

Furthermore, a GST of 17% on Rs Rs151,973.38 per ton would be Rs 25,845.47 per ton or Rs304.86 for a 11.8 kg chamber. The last cost per ton would be Rs218,758.85 per ton or Rs 2,581.35 per chamber.

Remarking on the issue, Chairman LPG Distributors Association Pakistan, Irfan Khokhar said that the ongoing authority pace of LPG can be decreased by about Rs 100 for each kg.

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LPG Industries Association Chairman Irfan Khokhar said the undertaking can be accomplished by following the equation of the affiliation, which is as per the following: Fix/freeze the LPG maker base cost at Rs 40.000/ – per metric ton, increment the neighborhood LPG creation, or more all, Asia’s biggest plant Jamshoro Joint Venture Limited (JJVL), which has been shut for a very long time and has caused misfortunes of Rs. 50 billion to the public exchequer, ought to be begun right away.

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