LPG price increased by OGRA
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- January 01, 2024
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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Monday announced a significant increase in price of liquefied petroleum gas (LPG), effective from January 1, 2024, ARY News reported. In a notification, the regulatory authority set the price of indigenous LPG at Rs256.42 per kg, against Rs254.86 in the previous month, up by Rs1.57.
Therefore, the price of a domestic LPG cylinder, weighing 11.8kg, has been increased to Rs3,025.87 for the current month against Rs3,007.62 in the previous month, an increase of Rs18.52. The OGRA, in a statement, stated the gas producer price is linked with Saudi Aramco CP and the US Dollar exchange rate.
As compared to the previous month Saudi Aramco CP has increased by 1.6 percent. The average Dollar exchange rate has however gone down by 0.86 percent resulting in an increase in gas consumer price by Rs. 18.52/11.8 kg cylinder (0.61 percent), it added..
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