LPG price in Pakistan increases for April: Check new rates

Price of domestic LPG cylinder has seen increase by Rs78.28, bringing new price to Rs304.12
Gas cylinder vendors working at a shop. — APP/File
Gas cylinder vendors working at a shop. — APP/File

The Oil and Gas Regulatory Authority (OGRA) on Tuesday announced a 35% increase in Liquefied Petroleum Gas (LPG) rates, jacking up the price of an 11.8kg domestic cylinder by Rs924 for April.

The regulator, in a notification, increased LPG price by Rs78.28 per kg, setting at Rs304.12 per kg for April, compared to Rs225.84 per kg in March. The price of an 11.8kg domestic cylinder was set at Rs3,588.60 for April, compared to Rs2,664.88 in March.

OGRA said the producer price of LPG — which comprises 40% propane and 60% butane — determined at Rs262,817.53 per tonne for April, compared Rs184,537 per tonne in March. Notably, the new price included an excise duty of Rs85 per tonne.

For the consumer price, margins for marketing (Rs17,000), distribution (Rs10,000) and transportation (Rs8,000) totaling Rs35,000 per tonne—were added to the maximum producer price, besides an additional 18pc GST (Rs6,300 per tonne on this margin).

The maximum consumer-end LPG price was fixed at Rs304,117.53 per tonne or Rs3,588.59 for an 11.8kg domestic cylinder for April, compared to Rs225,837 per tonne or Rs2,664.88 for an 11.8kg in March. The notification said the new prices would remain in effect until April 30.

Prime Minister Shehbaz Sharif-led government, however, has kept the petroleum products prices steady in three weekly reviews, with government saying it was making efforts to absorb any increase in global oil rates.