OGRA Reduces LPG Price By Rs 154.48 Per 11.8-kg Cylinder

Oil and Gas Regulatory Authority (OGRA) on Tuesday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of June, reducing the commodity worth by Rs154.48 per 11.8-kilogram cylinder

ISLAMABAD, (UrduPoint / Pakistan Point News – thirty first May, 2022 ) :Oil and Gas Regulatory Authority (OGRA) on Tuesday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of June, reducing the commodity worth by Rs154.48 per 11.8-kilogram cylinder.

According to the notification, the authority decreased the domestically produced LPG worth by Rs13.09 per kilogram.

After the revised worth, the LPG cylinder can be bought within the open market at Rs2,581.35 In June, which was accessible at Rs2,735.83 in May.

Whereas, the per Metric Ton (MT) LPG price has been fastened at Rs218,758.85 for June. The commodity sale worth per MT was Rs 231,850.07 in May. The new worth can be efficient from June 1.

It is the second consecutive discount within the LPG worth as on April 30, the authority had introduced down the commodity price by Rs 15.

27 per kilogram that was efficient from May 1.

Meanwhile, the LPG Industries Association (LPGIA) appreciated the federal government for such a big discount within the commodity worth.

LPGIA chairman Irfan Khokhar, in a information launch, stated the present authorities believed in giving most reduction to the plenty and prompt that the LPG worth could possibly be additional introduced down with sure corrective measures.

He prompt fixing/freezing the LPG producer base worth at Rs 40.000 per metric ton, rising the native manufacturing and restarting Asia’s greatest plant, operated beneath Jamshoro Joint Venture Limited (JJVL), which was closed for the final two years.

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