ISLAMABAD-The government has slashed the price of Liquefied Petroleum Gas (LPG) by Rs19.45 per kg.
As per the notification issued by the Oil and Gas Regulatory Authority (Ogra), the price of LPG has been reduced by Rs 19.45 per kilogramme.
Starting from July 1, consumers will benefit from the new reduced price of LPG, which now stands at Rs 19.45 per kilogramme. Consequently, the price of an 11.8 kg LPG cylinder for consumers has been adjusted from Rs 2,321.67 to Rs 2,092.13.
The Ogra notification also states that the producer price of LPG has been reduced to Rs 19.45 per kilogram, resulting in a decrease in the price of an 11.8 kg LPG cylinder for producers from Rs 1,834.33 to Rs 1,604.79.
On Friday, the federal government decided to keep unchanged the price of petrol while increasing the rate of high-speed diesel (HSD) by Rs7.5 per litre with effect from July 1, 2023.
Finance Minister Ishaq Dar announced this in a brief press conference on Friday.
“The government has decided not to increase the price of petrol; however, the price of HSD will be increased by Rs7.5 per litre for the next fortnight,” he said, adding that the new prices will come into effect from midnight.
The revised petrol and high-speed diesel prices are Rs262 and Rs260.50 per litre, respectively.
