The price of the Liquid Petroleum Gas (LPG) has risen by Rs. 5 per kilogram. The new price has taken effect all across Pakistan as of Saturday, 15th of August 2020.
Oil and Gas Regulatory Authority (OGRA) revealed the new price of LPG had, at that time, gone up by Rs. 3.96 per kilogram and Rs. 46.76 per LPG cylinder as of July 2020. This implies that this is the second price hike for LPG price within a matter of 2 months.
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Following this development, the price of an 11.8-kilogram domestic cylinder has gone up to Rs. 1,345.07 whereas the new price of the commercial cylinder has gone up to Rs. 5,175.
LPG Industries chairman states that in light of this development, the reason for the recent price hike in the LPG prices has been the closure of the Pak-Iran border crossing in Taftan during the COVID-19 lockdown days.
Reports say that the latest price of an 11.8-kilogram domestic cylinder has gone up by Rs. 60 and commercial cylinder price has gone up by Rs. 230.