The Oil and Gas Regulatory Authority (OGRA) on Thursday announced a significant reduction in the price of Liquefied Petroleum Gas (LPG), issuing an official notification to this effect.
According to the notification, the price of LPG has been reduced by Rs17.74 per kilogram, bringing relief to domestic consumers. The cost of an 11.8kg household cylinder has been slashed by Rs209.24.
For the month of August, the new price of an LPG domestic cylinder has been set at Rs2,541.36, compared to Rs2,750.60 in July. OGRA stated that the per kilogram price of LPG has been revised down to Rs215.36 for August, compared to Rs233 per kg last month.
The regulator said the price adjustment reflects international trends and is aimed at easing inflationary pressure on consumers, especially households relying on LPG for cooking and heating needs.
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