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LPG price raised by Rs20 in a week

LPG price raised by Rs20 in a week

LAHORE: The Liquefied Petroleum Gas (LPG) marketing companies increased the price by Rs10 per kilogram twice in last one week, allegedly without any official notification.

The latest increase took the price of domestic cylinder up to Rs120 and commercial cylinder to Rs480.

LPG Distributors Association Chairman Irfan Khokhar claimed that marketing companies were profiteering Rs2 billion per day through these increases.

He insisted that the state-run LPG distribution companies including Sui Southern Gas Company, PARCO and Pakistan State Oil took lead in raising the price and were black marketing.

“The Oil and Gas Regulatory Authority (Ogra) is not taking action against the LPG mafia. An increase of Rs20 per kg, Rs240 per domestic cylinder and Rs960 per commercial cylinder in just one week is unjustified and is a result of government’s poor strategy,” he added.

Khokhar said that currently Ogra’s Enforcement Department had not raided any filling plant and gas was being sold at high prices. Slamming the government for its poor strategy, he urged for a reduction in the prices.

Published in Dawn, September 17th, 2015

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