Price of Liquefied Petroleum Gas (LPG) has been reduced by Rs7 per kilogram (KG), traders said on Sunday. Chairman LPG Distributors Association (LPGDA) Irfan Khokar in a press statement said that LPG marketing companies have reduced its rate by Rs7 per kg; Rs83 on domestic cylinder and Rs332 per commercial cylinder.
Now the LPG is available at Rs68 to Rs75 per kg in Karachi and Lahore. Similarly it is being sold at Rs71 to Rs78 per kg at Peshawar and Rs76 to Rs83 per kg in Murree, FATA and Gilgit regions. He also alleged the LPG producers and gas mafia for severely damaging LPG industry, saying that they created artificial shortage in 2008-09 and earned Rs20billion illegal profit, which caused the decline of its sales by 50 per cent.
Khokar urged the authorities concerned to take remedial measures to save the industry and added that if government did not take any action in this regard, the gas crisis would become even more severe.-PR