The federal government has reduced the prices for Liquefied Petroleum Gas (LPG) by Rs 15 per kg. This reduction in the prices is for November and came into effect from the first of this month.
Following the price cut, All Pakistan LPG Distributors Association Chairman Irfan Khokhar announced, late on Thursday, that domestic cylinder would be sold for Rs 1509 which was of Rs 1673 last month.
Likewise, the commercial cylinder would be available at Rs 5805 instead of Rs 6478.
The gas rate was increased a little to meet the Rs 158 billion deficit incurred by the last government.
Last month, the government withdrew regulatory duty on Rs 4,669 per metric ton of imported Liquefied Petroleum Gas (LPG).
The decision was implemented after the Economic Coordination Committee (ECC) of the Cabinet decided to abolish the regulatory duty on the import of LPG. It was also agreed that sales tax on imported LPG would be charged at a reduced rate of 10 percent.
Khokhar was all praise for the incumbent PTI-led government and its prudent policies for the significant reduction in the prices.
He said this would positively affect the lives of poor masses and termed a good omen ahead of the winter season.
Khokhar said he was confident that the government would crack down against the mafia which had been black-marketing LPG to make money.
Khokhar was hopeful that this year the consumers would get a continuous supply of the gas at controlled rates.