LPG prices raised without Ogra notification

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ISLAMABAD: Liquefied Petroleum Gas (LPG) marketing companies have increased the price of LPG by Rs15 per kg increasing the prices by Rs180 for domestic cylinder and Rs720 for commercial cylinder without the notification of Oil and Gas Regulatory Authority (Ogra).

While the decrease in LPG price from $50 to $60 per tonne is imminent in the international market.Irfan Khokhar, Chairman LPG Distributors Association, has threatened that if the Ogra did not take notice of the increase in the LPG prices within 24 hours, he would give call for strike across the country and stop supply of LPG from Khyber to Karachi.

He said that the LPG marketing companies had violated the law by making unjustified increase in the LGP prices without the notification of Ogra.Online adds: Meanwhile, the sale of the LPG in Sindh has enhanced by 25 percent due to weekly closure of CNG in the province.

Abdul Hadi Khan, Chairman LPG Distributors Association, told a private TV channel in Karachi that the sale of LPG increased as the bus and rickshaw owners use it as a substitute for the CNG. The price of LPG is less by 40 percent in Pakistan so it is also smuggled to Iran in huge quantity of 200 ton per day. The demand of LPG is also on the rise in other cities of the country.


Courtesy: The News


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