LPG prices raised by Rs 3-5 per kg

  • 30/07/2008

  • Business Recorder (Pakistan)

Liquefied petroleum gas (LPG) prices have been increased by Rs 3 to Rs 5 per kg, or Rs 30 to Rs 50 per 11.8 kg cylinder and Rs 115 to Rs 230 for 45.4 kg cylinder by local marketing companies. LPG Distributors Association Pakistan Chairman Abdul Hadi Khan said that due to lack of government concern, the production of LPG has been reduced by 500 tons per day and some conspirators have planned to link its price with Saudi Aramco contract price. As a result, the prices of LGP have been raised by Rs 70 to Rs 73 per kg countrywide. The marketing companies have linked the prices with the rising trend of oil prices. However, it is being produced domestically, which enables dealers to continue their business, he said. He said that 11.8 kg LPG cylinder price in Sindh and NWFP was Rs 750 and 45.4 kg cylinder price was Rs 2808. In Punjab 11.8 kg cylinder price has hit Rs 730 and 45.4 kg cylinder price Rs 2924. Similarly, LPG prices in NWFP have risen by Rs 5 to Rs 73 per kg.