ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of Liquefied Petroleum Gas (LPG).
According to a notification issued by OGRA, the price of LPG has been raised by Rs0.54 per kilogram. The new price per kilogram has been set at Rs248.37.
Similarly, the price of an 11.8 kg domestic LPG cylinder has increased by Rs6.40, bringing its new price to Rs2,930.71.
The revised LPG prices will come into effect from April 1.
The revised price includes components such as producer price, marketing margin, distribution margin, and transportation charges.
OGRA stated that the marketing, distribution, and transport margins total Rs35,000 per metric tonne. This includes Rs17,000 for marketing, Rs10,000 for distribution, and Rs8,000 for transportation per tonne.
The regulator regularly adjusts LPG prices based on shifts in producer costs and associated margins, with the aim of reflecting market conditions.
Earlier this month, OGRA announced a reduction in the price of domestic LPG cylinders.
According to the notification issued by OGRA, the price of the domestic LPG cylinder had been reduced by Rs72.57 for an 11.8 kg cylinder.
