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Price of LPG hiked by Rs20/kg, domestic cylinder raised by Rs 250, commercial cylinder Rs 1000  

byMonitoring Report
15/12/2014
in Business
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LAHORE : The marketing companies Saturday hiked the prices of LPG by Rs20 per kg ,thus raising the price of domestic cylinder by Rs250 and those of commercial cylinder by Rs1000.

The Liquified Petroleum Gas (LPG) Distributors Association claimed that LPG producers had set price at Rs60,000 per ton while in international market, LPG price was at contact price (cp) 563$ per ton—much lower than the current price in Pakistan. The association claimed that gas should be kept available in the market at Rs95 per kg. But the marketing companies were indulging in black marketing and artificial shortages and violating the OGRA rule, it was said. If OGRA failed to take action, then prices of LPG would further increase in coming days, warned the association.

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At present, LPG was being sold at 120 per kg and domestic cylinder at Rs1390 in Karachi, Rs 135 per kg and domestic cylinder at Rs1570 in Lahore, Gujranwala, Gujrat, Faisalabad, Sialkot, Hyderabad and Sukkur, Rs 140 per kg and domestic cylinder at Rs1630 in Mirpur, Multan, Bahawalpur, Dera Ghazi Khan, Kohat, Peshawar and Bannu, Rs155 per kg and domestic cylinder at Rs 1810 in Rawalpindi and Islamabad, and at Rs 160 per kg and domestic cylinder at Rs 1670 in Murree, Azad Kashmir and FATA.

Tags: Liquified Petroleum Gas (LPG)OGRA

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