Price of LPG cylinders rises in Pakistan

Domestic cylinders have become more expensive due to an increase in LPG price by Rs 40 per kg.

LPG dealers said in a statement that the recent price hike is unjustified, Ogra had fixed the official price of 3026 per domestic cylinder and 256 per kg for January, “but the mafia is increasing the price unjustly by creating an artificial shortage.”

A deliberate gas shortage has led to the price soaring to Rs 300 per kg, resulting in domestic cylinders being sold for Rs 3450 to Rs 3550. Surprisingly, OGRA and the government are not addressing or able to resolve the situation. There are reports indicating that gas is unavailable anywhere in the country at the official price.

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Meanwhile, gas consumers are expressing their discontent by protesting against the unauthorized hike in LPG prices. According to consumers, this is occurring with the collaboration of OGRA and government agencies.

Earlier this month, OGRA announced a rise in LPG prices with effect from January 1, 2024.

The updated prices indicated a rise of Rs1.57 per kg, bringing the total cost to Rs256.43 per kg.