LPG Hits Rs550/kg as Price Spiral Deepens
6 Articles
6 Articles
LPG Price Hike: Inflation continues to impact LPG prices in India's neighboring country. LPG prices in Karachi have once again risen by 50 Pakistani rupees, and the price of the gas in local markets is now nearly double the official rate.
Karachi LPG prices being nearly double official rate, exposes government’s failure to protect consumers - The Tribune
Karachi residents are facing another severe blow to their household budgets as liquefied petroleum gas (LPG) prices have surged sharply, with the market rate reaching Rs550 per kilogram after increasing by Rs50 within just 24 hours. The prevailing price is almost twice the officially notified rate, highlighting the growing gap between government regulations and ground realities, as reported by The Express Tribune.
LPG hits Rs550/kg as price spiral deepens
Karachi consumers are being squeezed by another sharp surge in LPG prices, with the per-kilogram rate jumping Rs50 in just a day to Rs550, nearly double the official price, as disrupted Iranian supplies fuel a deepening shortage and leave households with little choice but to pay through the nose for cooking gas. Market sources said Iranian LPG supplies were failing to reach Karachi's markets, creating a shortage that local marketing companies we…
LPG Cylinder Now Costs Double the Official Price as Shortage Hits Pakistan
The Oil and Gas Regulatory Authority (OGRA) has increased the official price of liquefied petroleum gas (LPG) for November to Rs294,075 per tonne, up from Rs279,341 in October. In the open market, however, LPG is selling at nearly twice the official rate amid a shortage linked to the US-Iran war. Under the notification issued on […]
The worsening shortage of liquefied petroleum gas in Pakistan, following problems on the shared border with Iran, has driven the price of this product in the open market to more than double the official rate.
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