OGRA raises LPG price by Rs4.33 per kg for September
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased the price of liquefied petroleum gas (LPG) by Rs4.33 per kilogram for September, raising the notified rate to Rs258.65 per kg.
According to a notification issued by Ogra, the price of an 11.8kg domestic LPG cylinder has gone up by Rs51.17 to Rs3,052.09. The new prices came into effect on September 1 and will remain applicable throughout the month.
The increase comes after Ogra raised the LPG price by Rs12.89 per kg in August. The consumer price was then fixed at Rs254.315 per kg, while the price of an 11.8kg cylinder was set at Rs3,000.92. In July, the same cylinder was priced at Rs2,848.91.
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Ogra calculates LPG prices under a formula linked to Saudi Aramco’s contract price and the prevailing exchange rate of the US dollar. The notified price also includes marketing, distribution and transportation margins, as well as general sales tax.
For September, the consumer price has been fixed at around Rs258,651.52 per metric tonne.
LPG is commonly used by households that do not have access to piped natural gas. It is also widely used by restaurants, hotels and small businesses.
The latest increase is likely to add to cooking-fuel costs for consumers, although retail prices in local markets may vary from the rates notified by Ogra
