KARACHI: Liquefied petroleum gas (LPG) prices in Pakistan could fall by up to Rs30 to 40 per kilogram within the next one to two days as the arrival of Iranian LPG consignments is expected to improve domestic supplies
Ali Haider, convener of the LPG Standing Committee at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), said Iranian LPG tankers loaded by October 16 had been allowed to enter Pakistan.
He said the arrival of approximately 900 LPG bowzers could ease supply constraints and bring down prices in the domestic market.
According to Haider, price reductions could begin within the next 24 hours as additional supplies reach the market. However, the expected decline will depend on the timely arrival and distribution of the consignments.
He also called for a review of the Oil and Gas Regulatory Authority’s (OGRA) pricing mechanism, arguing that LPG prices should be determined weekly rather than monthly to reflect changing supply conditions and market costs more effectively.
Haider said Pakistan had imported five LPG cargo ships during October, bringing approximately 22,000 tonnes of the fuel into the country.
He put Pakistan’s daily LPG demand at 12,000 to 13,000 tonnes, while Karachi alone consumed between 4,000 and 5,000 tonnes daily.
According to him, around 40% of Karachi’s LPG consumption was attributed to the commercial sector, while industry accounted for another 30%.
The anticipated price reduction comes amid concerns over high LPG prices and their impact on households, businesses and industrial consumers. LPG remains an important cooking fuel for households without access to reliable piped natural gas supplies.
If the additional consignments reach the market as expected, improved availability could ease pressure on prices. However, the actual reduction will depend on supply distribution, transportation costs and the pricing practices of suppliers and retailers.
The expected decline has not yet been confirmed through an official revised price notification.
