ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of October.
According to the notification, the authority has increased the locally produced LPG price by Rs. 33.91 per cylinder of 11.8 kilograms.
After the revised price, the cylinder would be sold in the open market at Rs. 1,416.29, which was available at Rs. 1,382.38 during the month of September. Whereas, the per Metric Ton (MT) LPG rate has been fixed at Rs. 120,024.19 for the month of October.
The commodity sale price per MT was Rs. 117,151.14 during the month of September. The new price will be effective from October 1.
Earlier the day, the government decided to maintain the price of petrol for the next fifteen days.
Oil and Gas Regulatory Authority (OGRA) has recommended reducing the petrol prices in the country from October 1-15. The price of diesel has been reduced by Rs2.40 per litre.
OGRA had submitted a summary to the petroleum division suggested a reduction of Rs1.15 per litre in petrol price for the first 15 days of October.
The authority has suggested that the prices of light diesel and kerosene oil should be maintained at the same rate and the price of diesel should be slashed by Rs2 per litre.