ISLAMABAD:
The Oil and Fuel Regulatory Authority (Ogra) on Monday notified a rise within the value of Liquefied Petroleum Fuel (LPG) for the month of Jan 2024.
The value of an 11.8-kilogramme home cylinder has been elevated by Rs18.52, which interprets into an increase of Rs1.56 per kilo.
The value of economic cylinder has been elevated by Rs71 whereas the federal government producer value has been elevated by Rs1,560 per metric ton.
Now, the LPG will likely be obtainable at Rs256 per kilo as an alternative of Rs255 and home cylinder will likely be obtainable at Rs3,025.87 as an alternative of Rs3,007.35.
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The business cylinder will likely be obtainable at Rs11,642 as an alternative of Rs11,571.
The LPG trade requires introducing a greater LPG coverage to offer cheaper, higher high quality and ample LPG to the poor individuals on this inflationary state of affairs.
The pure gasoline disaster is intensifying throughout the nation. The LPG trade says that at current, there’s a day by day manufacturing of two,000 metric tons of LPG throughout the nation whereas the native consumption has crossed 5,000 tons.
As much as 60% home requirement is met via imported LPG. Unhealthy insurance policies and excessive taxes have adversely affected the LPG trade as LPG distributors are calling for making LPG tax free. They’re demanding abolishment of pointless taxes on LPG.