ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified an increase in the price of locally-produced Liquefied Petroleum Gas (LPG) by Rs1.50 per kilogramme for the month of September just before the winter season starts. According to a notification, the price of an 11.8kg domestic cylinder has been increased by Rs18, while the price of a commercial cylinder has been raised by Rs73. The price of a domestic cylinder weighing up to 11.8kg will now available at Rs1,382 after an increase of Rs117 per kg from Rs115.50 per kg , while the price of a commercial cylinder will be at Rs5,319 after an increase from Rs5,246.

The per Metric Ton (MT) LPG rate has been fixed at Rs60,460 for the month of September. The commodity sale price for per MT was Rs59,096 during the month of August. The decision has been taken in line with the raise in CP index from $351 to $358.

The LPG Distributors Association Pakistan Chairman, Irfan Khokar, said around 350,000 MT LPG was produced locally in the current year and the government imported 230,000 Mt to meet the deficit.

Copyright Business Recorder, 2020