The Oil and Gas Regulatory Authority (OGRA) has officially announced a risein liquefied petroleum gas (LPG) prices, indicating a Rs3.83 per kgincrease.
Simultaneously, the domestic cylinder rate has surged by Rs45.18, resultingin new LPG rates of Rs3,007.35 per domestic cylinder. OGRA attributes thisprice hike to a 1.87 percent increase in the dollar rate.
Additionally, concerns about a potential LPG shortage during the upcomingwinter season have been raised, with the gas company urging stakeholders tobook shipments in advance. Factors such as a lack of dollars and theclosure of Letter of Credits (LCs) have impeded LPG imports.
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Notably, Karachi recently witnessed the arrival of the largest-ever cargoship carrying 11,000 metric tons of LPG from Basra, Iraq – a historicmoment for Pakistan.