Business

LPG prices go up by Rs23.86 per kg

The new prices will come into effect from August 01, 2023.

GNN Web Desk
Published a year ago on Jul 31st 2023, 7:27 pm
By Web Desk
LPG prices go up by Rs23.86 per kg

Islamabad: The price of Liquefied Petroleum Gas (LPG) has been increased by Rs23.87 per kg, the latest notification issued by the Oil and Gas Regulatory Authority (OGRA) on Monday.

Liquefied petroleum gas prices also increased in response to the price increase for electricity.

The new prices will come into effect from August 01, 2023.

Similarly, the price of LPG per kilogram increased by Rs23.86 to Rs201.15.

It should be mentioned that the price of a household 11.8Kg LPG cylinder in July was Rs 2092.13.

Yesterday evening, Liquefied petroleum gas (LPG) vendors announced a countrywide strike on July 31 against the sale of the commodity at fixed government prices.

There will be a symbolic strike on Monday over the hike in LPG prices, according to Irfan Khokhar, chairman of the LPG Industries Association.

Khokhar claimed that all LPG shops will remain closed from 8 AM to 12 PM on July 31.

Further he added that it would be made sure that consumers would receive gas at the going rate. He continued, "Unnecessary proceedings against LPG outlets should be avoided, and direct meddling in LPG operations by police and government authorities should be prevented.

Irfan predicted that on August 5 and 6, there would be a nationwide shutdown if the government failed to comply with the association's requests.