AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.68 Increased By ▲ 0.08 (1.21%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.60 Increased By ▲ 0.12 (1.42%)
DFML 41.30 Decreased By ▼ -0.18 (-0.43%)
DGKC 86.71 Increased By ▲ 0.13 (0.15%)
FCCL 32.16 Increased By ▲ 0.02 (0.06%)
FFBL 64.70 Decreased By ▼ -0.72 (-1.1%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.51 Decreased By ▼ -0.98 (-0.89%)
HUMNL 14.90 Increased By ▲ 0.15 (1.02%)
KEL 5.05 Decreased By ▼ -0.08 (-1.56%)
KOSM 7.40 Increased By ▲ 0.28 (3.93%)
MLCF 41.39 Decreased By ▼ -0.26 (-0.62%)
NBP 60.60 Increased By ▲ 0.51 (0.85%)
OGDC 190.00 Decreased By ▼ -4.69 (-2.41%)
PAEL 27.81 Decreased By ▼ -0.14 (-0.5%)
PIBTL 7.75 Decreased By ▼ -0.25 (-3.13%)
PPL 149.75 Decreased By ▼ -1.42 (-0.94%)
PRL 26.73 Decreased By ▼ -0.15 (-0.56%)
PTC 16.18 Increased By ▲ 0.18 (1.13%)
SEARL 86.02 Increased By ▲ 7.82 (10%)
TELE 7.72 Increased By ▲ 0.33 (4.47%)
TOMCL 35.58 Decreased By ▼ -0.09 (-0.25%)
TPLP 8.14 Increased By ▲ 0.23 (2.91%)
TREET 16.51 Increased By ▲ 0.62 (3.9%)
TRG 53.35 Increased By ▲ 0.59 (1.12%)
UNITY 26.28 Decreased By ▼ -0.27 (-1.02%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,889 Decreased By -31.1 (-0.31%)
BR30 30,611 Decreased By -140.9 (-0.46%)
KSE100 93,355 Increased By 130.9 (0.14%)
KSE30 28,931 Increased By 46 (0.16%)

The Oil and Gas Regulatory Authority (Ogra) Wednesday jacked up the price of indigenous liquefied petroleum gas (LPG) by Rs 1.70 per kg or Rs 19.11 per 11.8kg cylinder for the month of August 2019. According to a notification issued by Ogra, the LPG prices have been increased by Rs 1.70 per kg and the new price of 11.8kg domestic cylinder has been fixed at Rs 1,350.03. In July the price of the cylinder was Rs 1,330.92.
The producers' price of LPG (propane 40 percent and butane 60 percent) has been determined at 58,116.72 per metric tonne, which was Rs 56,733.40 per metric tonne in July. This producers' price included excise duty of Rs 85/M tonne while excluding Petroleum Levy. And under this head, the producer price of 11.8Kg cylinder has been worked out at Rs 685.78.
Marketing/distribution margin has been set at Rs 35,000 per MT or Rs 413 per 11.8kg cylinder, and Petroleum Levy of Rs 4,669 per MT will be also charged which will be Rs 55.09 for 11.8kg cylinder.
Prior to GST imposition, the consumer price (ex-GST) will be Rs 97,785.72 per metric tonne (in July it was Rs 96,402.40) and for the 11.8kg cylinder, price is Rs 1153.87. The GST at the rate of 17 percent will be Rs 16,623.57 per metric tonne and Rs 196.16 GST will be for each cylinder.
Final LPG consumer prices for the month under review has been fixed at Rs 114,409.29 per MT. Recently, the consumption of LPG has increased in Tandoor (ovens) where system gas is not available. The impact of increase in LPG prices will also have impact on the prices of Naan/Roti, a sector expert said.

Copyright Business Recorder, 2019

Comments

Comments are closed.