Latest news with #930.71
Business Recorder
01-05-2025
- Business
- Business Recorder
LPG price reduced by Rs3.2 per kg for May
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Wednesday notified reduction in the maximum price for LPG consumers of Rs3.20 per kg for month of May. In a statement, the regulator says that the LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. 'As compared to previous month Saudi Aramco-CP has decreased by 1.8 percent. The average dollar exchange rate has slightly increased by 0.22 percent resulting to decrease in LPG consumer price by Rs.37.80/11.8 kg cylinder (1.28 percent). The per kg decrease in LPG consumer price is Rs3.20,' it said. The new price of 11.8kg domestic cylinder has been fixed at Rs2,892.91 which was Rs2,930.71 in previous month of April. For LPG producer, the price has declined from Rs2,443.37 to Rs2,405.57 on a month-to-month basis. Copyright Business Recorder, 2025
Express Tribune
31-03-2025
- Business
- Express Tribune
OGRA announces increase in LPG prices
Listen to article The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of liquefied petroleum gas (LPG), with the revised rates coming into effect from April 1, 2025. According to an official notification, the price of LPG has been raised by Rs0.54 per kilogram, bringing the new rate to Rs248.37 per kg. As a result, the cost of an 11.8kg domestic LPG cylinder has increased by Rs6.40, setting the new price at Rs2,930.71. 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.
