Staff Report
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced Rs 4.889 per kilogram hike in the price of Liquefied Petroleum Gas (LPG) for the month of May 2023.
As per details, Oil and Gas Regulatory Authority (OGRA) has made LPG more expensive and a new price notification for the month of May has also been issued under which the people who are already sweating in the mill of inflation have now been given a shock in the name of Liquefied Petroleum Gas (LPG) price hike.
According to OGRA notification, the price of LPG has been increased by Rs 5 per kg, domestic cylinder by Rs 58 and commercial cylinder by Rs 222.
Now LPG will be available at Rs.234 per kg instead of Rs.229, domestic cylinder will be available at Rs.2760 instead of Rs.2702 and commercial cylinder will be available at Rs.10619 instead of Rs.10397.
The increase in LPG prices has sparked outrage among the public, who are already struggling with the impact of inflation and rising costs of living. Many have criticized the government’s policies, which they argue have adversely affected the LPG industry.
The Chairman of the LPG Industries Association Pakistan, Irfan Khokhar, has called on the government to follow their formula to decrease LPG prices. He also demanded that the government immediately run the LPG plant of Jam Shoro Joint Venture Limited (JJVL) to provide cheap gas to the people and avoid losses.
Khokhar further stated that the LPG industry has been adversely affected by poor policies and high taxes. He suggested that LPG should be made tax-free and unnecessary taxes on LPG should be abolished. He also emphasized that LPG is the only cheap fuel that is capable of meeting the shortage of natural gas.
All LPG distributors in the country sell LPG at the price fixed by OGRA.
