Latest news with #SaudiAramco-CP
Business Recorder
4 days ago
- Business
- Business Recorder
Ogra slashes LPG prices for June
ISLAMABAD: In line with a decline in oil prices globally, the Oil and Gas Regulatory Authority (OGRA) has issued a notification for the reduction in LPG prices for June 2025. The OGRA has reduced the price of a domestic LPG cylinder by Rs55 and a commercial cylinder by Rs210. There has been a reduction of Rs3,921 per metric ton in the government's production price. LPG prices down by Rs6.15 per kg Now, LPG will be available at Rs241 per kg instead of Rs245 per kg, a domestic cylinder will be available at Rs2,838 instead of Rs2,893, and a commercial cylinder will be available at Rs,10,920 instead of Rs11,130. 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 2.67 per cent. The average dollar exchange rate has slightly increased by 0.35 per cent resulting to decrease in LPG consumer price by Rs54.60/11.8 kg cylinder (1.88 per cent). The per kg decrease in LPG consumer price is Rs4.62. Copyright Business Recorder, 2025
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
