LPG prices increased in Pakistan from July 1; Details inside

LAHORE: The price of Liquefied Petroleum Gas (LPG) has increased by Rs 50 per kg with markets skyrocketing to between Rs280 and Rs285 per kg.

Chairman of the LPG Distributors Association Irfan Khokhar alleged that LPG marketing firms and plant mafia are flouting government-mandated prices, instead selling LPG at inflated rates and have unjustifiably increased the price.

Irfan Khokhar said black market activities among LPG companies are rampant, with official prices nowhere to be found across the nation.

The Oil and Gas Regulatory Authority (OGRA) had fixed the price at Rs234.60 per kg, while gas is selling at Rs280 and Rs285 per kg in the market.

After the increase in the price of LPG, domestic cylinders have become expensive by Rs 600 and commercial cylinders by Rs 2250.

Domestic cylinders are being sold at Rs 3,370 instead of the official price of 2,770, similarly, commercial cylinders are now priced at Rs 12,435 instead of Rs 10,715.