There are regional variations in the market pricing of LPG, according to Irfan Khokar, Chairman of the LPG Distributors Association. The official price of Rs 234.60 per kilogram is less than what he indicated, with the LPG being sold for between Rs 270 and Rs 280 per kilogram.
Domestic cylinder prices have gone up to Rs 1,875 while commercial cylinder prices have increased to Rs 6,750, according to the Chairman of the LPG Distributors Association.
Domestic cylinders are supposed to cost Rs 2700 according to the government, but Irfan Khokar claims that they are really sold for between Rs 3,600 and Rs 3,780.
As opposed to the government-fixed price of Rs 10,715 for commercial cylinders, the market price is between Rs 13,500 and Rs 14,175 according to the Chairman of the LPG Distributors Association.
Friday, May 31, saw a price reduction for LPG by the Oil and Gas Regulatory Authority (OGRA).
LPG prices have been lowered by Rs3.87 to Rs234 per kilogram, following the OGRA’s announcement. With immediate effect, the revised rates will apply.
This comes after the arrival of three ships carrying imported LPG, which led to a reduction in production costs by the Oil and Gas Development Company (OGDCL), according to sources.
