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OGRA jacks up LPG prices for December

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OGRA jacks up LPG prices for December. The Oil and Gas Regulatory Authority (OGRA) has increased the prices of Liquefied petroleum gas (LPG) for the month of December.

According to the OGRA notification, the price of 11.8 KG domestic cylinder has gone up by Rs139 while the price of a commercial cylinder increased by Rs535.

According to OGRA notification, the domestic cylinder will now be available at Rs2548 and commercial cylinder will be available at Rs9804.

Read more: Pakistan seeks support from Bank of China to bring back macroeconomic stability

Earlier, the federal government has announced to keep the prices of petrol and diesel unchanged for the next 15 days, despite a global decrease in oil prices۔

Finance Minister Ishaq Dar announced to keep the prices of petrol and high-speed diesel unchanged for the next 15 days. However, he announced a reduction of Rs10 per litre at the prices of kerosene oil and Rs7 on light diesel.

Meanwhile, he also announced a 15-day extension in the filing of income tax returns.

Oil & Gas Regulatory Authority is an agency of the Government of Pakistan, responsible for regulating the oil and gas sector in Pakistan. It was established in 2002.

On March 28, 2002 the Federal Government of Pakistan established Oil and Gas Regulatory Authority (OGRA), in pursuance of the Oil and Gas Regulatory Authority Ordinance, 2002.

The Natural Gas Regulatory Authority (NGRA) was subsumed by the OGRA, all properties and works done by the NGRA were transferred to and protected under the OGRA Ordinance.

Web Desk

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