LPG prices rise by Rs6/kg

LAHORE: Despite the decrease in the Liquefied Petroleum Gas (LPG) prices in the international market, the LPG producers on Saturday increased prices by Rs6 per kilogramme and now LPG is available for Rs69 per kg, industry sources said.

The prices of LPG in the international market decreased Rs4 per kg but the local producers increased the price by Rs6 per kg, said LPG Distributors Association Chairman, Irfan Khokhar.

He said that Jamshoro Joint Venture Ltd (JJVL) is the major producer of LPG in Pakistan and it has increased the prices, compelling other producers to increase the prices.

He said it was the second consecutive increase in the last one month, and the industry, due to the unjust increase, has earned Rs150 million.

“The government should take it seriously and provide relief to the people,” he said.

Published in The Express Tribune, July 4^th, 2010.