Pakistan

LPG prices hiked by Rs5/kg

Lahore: The prices of Liquefied petroleum gas (LPG) have been increased by Rs5 after which the official price of the commodity exceeded Rs160 per kg.

GNN Web Desk
Published 3 years ago on Jul 16th 2021, 7:16 am
By Web Desk

According to the LPG Industry Association, the price of LPG has been increased by Rs5 per kg while gas’ black marketing continues in the patronage of police and government officials.

According to the representative of the association, LPG is being sold at Rs165.60/kg.

Rs60 has been hiked in the cost of domestic cylinder price after which it is being sold at Rs1,950.

On the other hand, the price of commercial sales has also been increased by Rs225 and is being sold at Rs7,490.

While the gas price in Gilgit has reached Rs185 per kg.

Earlier, dropping another POL bomb on the masses of Pakistan, the federal government has approved an Rs5.40 price hike in petrol price and Rs254 in High-Speed Diesel (HSD).

However, the Oil and Gas Regulatory Authority (OGRA) had recommended an Rs11.40 increase in petrol price. 

Special Assistant to Prime Minister on Political Communication Shahbaz Gill made this announcement in a tweet on Thursday.

The price of diesel has been upped by Rs2.54 per litre, diesel Rs1.93 per litre, and Light Diesel by Rs1.27, the tweet further said.

Gill said the government would bear the extra burden as Prime Minister Imran Khan approved Rs5.40 per litre petrol price against the OGRA's recommendation. He claimed that the citizens are being provided 'big relief'.

The prices will be applicable from 12 am today. The latest increase in POL prices has been again linked with international prices.

The government has increased the prices of petroleum products second time in the last 15 days as the government had previously increased the prices of all petroleum products by up to 4.7 per cent.

PPP's Murtaza Wahab rejects increase

Pakistan Peoples Party leader and the Sindh government's spokesman Murtaza Wahab has rejected the increase in POL prices, terming the increase a cruel step.

He lamented Prime Minister Imran Khan for announcing an increase only by revising down the price recommended by OGRA, saying the government's spokesman starts speaking high of the premier for announcing less increase.

"The government doesn't bother the difficulties and sufferings of masses," Wahab said and demanded to withdraw increase forthwith.