Daily Times

The Oil and Gas Regulatory Authority (OGRA) Tuesday increased the price of liquefied petroleum gas (LPG) by Rs5 to Rs234 per kilogram for this month. According to a notification issued by OGRA, the above prices would be effective from May 1. Following this, the price of 11.8 kg domestic LPG cylinder has increased by Rs 58 for the whole month of May. In the monthly review, the OGRA announced to raise Rs229 to Rs234 per kg price and the new domestic cylinder of 11.8 kg price had also raised from Rs2,702 to Rs2,760. Maximum LPG consumer price has been increased by Rs4,889 per MT from Rs228,999 to Rs233,888 per MT. Similarly, the maximum producer price of 11.8 kg cylinder with 18% GST increased by Rs 58 from Rs 2,214 to Rs2,272. The notification said LPG prices will be regulated with a maximum price at all levels of the supply chain. However, it added, producers, marketing companies and distributors might sell below the maximum price determined from time to time.