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Despite the fact that the Oil and Gas Regulatory Authority (Ogra) has fixed liquefied petroleum gas (LPG) price at Rs 105 per kg, the product is still being sold at higher prices, ranging from Rs 120 to Rs 130 across the country. According to the chairman of LPG Distributors Association, Irfan Khokar, recently the Ogra had fixed LPG prices at Rs 105 per kg.
But the LPG marketing companies have not brought down the prices in accordance with the orders of regulatory authority. In a short span of one month, the LPG marketing companies have earned over Rs 1.20 billion by overcharging the poor consumers, he added. He alleged that 'Premier Gas' and 'Power Gas' are selling per domestic LPG cylinder at Rs 1280, against official price of Rs 1169 per domestic cylinder, which is Rs 111 higher than the Ogra fixed price.
Following LPG marketing companies are selling at Rs 1280 per domestic cylinder against Ogra's ex-plant price of Rs 1169: Power Gas, Premier Gas, Best Gas, Hum Gas, Makran Gas, Sadiq Gas, Sundar Gas and Rohi Gas at Rs 1280 per domestic cylinder. Following LPG marketing companies are selling per domestic cylinder at Rs 1250 against official ex-plant price of Rs 1169: Mehran Gas, Pearl Gas, Khyber Energy Gas, Taiz Gas, Madni Gas, Saudi Gas, Pioneer Gas, Caltex Gas, Awami Gas and Hazara Gas. Some other companies including Shell Gas, Fan Gas, Prime Gas and Lord Gas are selling per domestic cylinder from Rs 1240 to Rs 1290.

Copyright Business Recorder, 2011

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