The Oil and Gas Regulatory Authority (Ogra) has, once again, hiked the price of liquefied petroleum gas (LPG) up to Rs5.95 per kilogram.
According to a notification, the price of an 11.8-kg LPG cylinder for domestic consumers has been jacked up to Rs113 to Rs2,002. The new prices came into effect on Sunday.
Since LPG is considered the “poor man’s fuel” and is also used in the majority of areas where system gas is not available, it might hit household budgets of a large part of the population.The LPG price has been on consecutive rise for the last several months.
Saudi Aramco propane contract price also increased for the month of August 2021 by $40/tonne to $660/tonne. Price of Butane CP also increased by $35/tonne to $655/tonne. —TLTP