LPG Prices Surge: Domestic Cylinder Now Rs600 More Expensive

The price of liquefied petroleum gas (LPG) has surged by Rs50 per kilogramme, according to Irfan Khokhar, Chairman of the LPG Distributors Association. This rise in prices has caused notable increases in the costs of both domestic and commercial LPG cylinders.

The Oil and Gas Regulatory Authority (OGRA) had previously set the official price of LPG at Rs234.60 per kg. However, current market prices have escalated to between Rs280 and Rs285 per kg. As a result, the cost of a domestic LPG cylinder has risen by Rs600, now retailing at Rs3,370. Similarly, commercial cylinders are now priced at Rs12,435, a substantial increase from the government-set price of Rs10,715.

In a public statement, Khokhar criticized LPG marketing companies for disregarding the prices established by the government and selling LPG at significantly higher rates.

This development follows a recent reduction in LPG prices by OGRA. Last month, OGRA issued a notification announcing a decrease in LPG prices by Rs3.87 per kilogramme, setting the new official rate at Rs234 per kilogramme, effective immediately. Despite this, the current market prices reflect a considerable deviation from these regulated figures.

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