The Oil Gas Regulatory Authority (OGRA) on Thursday increased the price of Liquefied Petroleum Gas (LPG) by Rs 7.
According to a notification by the regulatory authority, LPG will now be available for Rs 133 per kilogramme.
The OGRA has also stated that the rates for domestic gas cylinders have been increased by Rs 86 and those of commercial cylinders by Rs 329, after which the cylinders will be sold for Rs1,565 and Rs6,021, respectively.
On August 1, the Finance Ministry announced via a notification that prices of petroleum products would be maintained at the existing levels for August.
The petroleum prices were retained to provide relief to the general public, the notification mentioned, adding that OGRA had requested bumping up the rates owing to higher costs in the global market. The notification further added that the general sales tax (GST) had to be slashed in order to maintain the current petroleum prices.
Published in Daily Times, August 3rd 2018.
