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The Liquefied Petroleum Gas (LPG) marketing companies on Tuesday increased the price of the commodity by Rs 10 per kg. The marketing companies within the last six days have increased the commodity price by Rs 25 per kg, taking it to Rs 160 per kg from Rs 135 in Islamabad and Rawalpindi.
According to Irfan Khokar, Chairman, All Pakistan LPG Distributors Association, the LPG marketing companies last week increased the prices of the commodity thrice; first by Rs 5 per kg, on Sunday by Rs 10 per kg and on Tuesday by Rs 10 per kg. After the current increase, the commodity prices in Lahore, Gujranwala, Gujrat, Faisalabad, Sialkot, Hyderabad and Sheikhupura touched Rs 125 per kg against Rs 115 per kg.
In Mirpur, Multan, Bahawalpur, DG Khan, Peshawar, Kohat and Bannu, it is available at Rs 125 per kg, while in Muree, Muzafrabad and Fata, the LPG prices have gone up to Rs 160 per kg. Meanwhile, the new price of LPG in Karachi would be Rs 115 per kg, while in Rawalpindi and Islamabad it would be Rs 160 per kg. The LPG Association, while rejecting the increase, has urged the government and Oil and Gas Regulatory Authority (Ogra) to take stern action against those marketing companies, which have increased the LPG prices without the prior approval of the authority. The association said that the marketing companies ignoring the directions of Ogra had increased the prices.

Copyright Business Recorder, 2014

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