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Rs115 cut for domestic cylinder, Rs460 for commercial: Ogra asked to punish mafia for not slashing LPG prices

byCustoms Today Report
07/04/2015
in Business
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ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has been urged to take action against LPG mafia, who are reluctant to impose new prices of liquefied petroleum gas (LPG).

LPG Distributors Association Chairman Irfan Khokar, in a statement, said that the LPG marketing companies had refused to cut down the prices. He alleged that the LPG mafia was earning Rs1.25 billion per day and was not transferring the benefit to the customers.

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Irfan said that the government in consultation with LPG producers on Sunday reduced gas prices by Rs9400 per ton, Rs115 for domestic cylinder and Rs460 for commercial cylinder. However, the Ogra had failed to implement the new prices, he added.

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