LPG cylinder price goes up in Pakistan

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of liquefied petroleum gas (LPG) by Rs1.56 per kilogram, effective from January 1, 2024.

According to a notification issued by OGRA, the new price for LPG is Rs256.42 per kilogram, up from Rs254.86 per kilogram.

The price of the domestic cylinder of LPG has also been raised by Rs18.52, from Rs3,207.35 to Rs3,225.87.

OGRA said the price hike was due to the increase in the international market price of LPG, which rose from $587.5 per ton to $594.5 per ton.

LPG is a widely used fuel in Pakistan, especially in rural areas where natural gas is not available. It is also used for cooking, heating, and power generation.

LPG prices go up in Pakistan

Meanwhile, the caretaker prime minister has approved to keep the prices of petrol and diesel unchanged for the next 15 days, following a summary sent by the Ministry of Finance.

The federal government has decided to keep the prices of petrol and high-speed diesel unchanged at Rs267.34 and Rs276.21 respectively.

However, the price of kerosene oil has been reduced by Rs2.19 per liter. The price of light diesel oil has been reduced by Rs1.11 per liter. The new prices of petroleum products will be effective from January 1, 2024.