PLPGMA protests LPG rate hike
Pakistan’s Liquefied Petroleum Gas Marketers Association (PLPGMA) has given the government a four-day deadline to control the price of LPG as regulated by the Oil and Gas Regulatory Authority (Ogra).
While staging a sit-in at the SSGC terminal on Wednesday, the distributors urged the government to stop the sale of LPG above the prices fixed by Ogra.
During a press conference held on Tuesday, PLPGMA Senior Vice Chairman Malik Taimoor claimed that by challenging the writ of the government, the state-owned LPG firm had become a mafia and was pushing the price up by another Rs20 – hitting its highest level at Rs300 per kilogram (kg).
“The price of household cylinders soared by Rs235 to Rs3550, while commercial cylinder prices also jumped by Rs908 to a high of Rs13,620,” they said, adding that the regulated price for LPG at Ogra is Rs204 per kg, but that the government’s gas company had raised the price to Rs300/kg.
In underdeveloped hilly regions, the price of LPG is anticipated to hit Rs350/kg, while in Gilgit-Baltistan the price could reach Rs400/kg. The officials said the government’s gas company was making an illegal profit of Rs0.1 million per tonne of LPG.
Published in The Express Tribune, January 25th, 2023.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.