OGRA increases LPG price by Rs1.66 per kg

OGRA increases LPG price by Rs1.66 per kg

OGRA increases LPG price by Rs1.66 per kg
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  • Price of LPG domestic cylinder has been enhanced by Rs19.62.
  • The new prices of LPG would be applicable for July 2022.
  • LPG’s domestic cylinder in June was for Rs2,581.35.
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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced to increase price of Liquefied Petroleum Gas (LPG) by Rs1.66 per kilogramme.

Price of LPG domestic cylinder has been enhanced by Rs19.62 by the OGRA.

Hence, the new price of LPG has become Rs220.42 per kg. While, domestic cylinder’s new price has been fixed to be Rs2,600.97.

It is pertinent here to mention that the new prices of LPG would be applicable for July 2022.

LPG’s domestic cylinder in June was for Rs2,581.35.

On June 30, in a blatant shameless move, the coalition government had once again jacked up prices of petroleum products. It seemed as if the government was testing patience of the nation on direction of the International Monetary Fund (IMF).

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Read more: Coalition govt once again massively enhances petrol price

The Ministry of Finance had issued a notification regarding the price hike. After an increase of Rs14.85 a litre, the new petrol price have become Rs248.74.

High speed diesel price has been hiked by Rs13.23 a litre. Kerosene oil price has been boosted up by Rs18. 83 a litre. Light diesel price has been increased by Rs18.68 a litre.

Rs10 levy has been imposed on one litre of petrol and Rs5 levy on each litre of high speed diesel, kerosene oil and light diesel.

New price of high speed diesel are Rs76.54 a litre now. Kerosene oil’s new price are Rs230.26 a litre and light diesel oil’s price Rs226.15 a litre.

The new prices have become applicable from July 1.

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The finance ministry’s notification read, “In view of the fluctuations in petroleum prices in the international market and exchange rate variation, the government has decided to apply petroleum levy partially and revise the existing prices of petroleum products as agreed with the development partners.”

Pakistan Tehreek e Insaf leader and former planning and development minister Asad Umar had said the government which came into power on promise of making petrol cheaper and end inflation, has increased the price of petrol by Rs99 a litre and diesel by Rs133 a litre. “Any shame? Any shame???” he had tweeted.

 

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