Producers raise LPG price by Rs 19 per kg
04 August, 2012
KARACHI: Local producers of liquefied petroleum gas (LPG) have increased prices by Rs 19,000 per tonne in accordance to a rise in its international prices (Saudi Armaco Contract Price).
KARACHI: Local producers of liquefied petroleum gas (LPG) have increased prices by Rs 19,000 per tonne in accordance to a rise in its international prices (Saudi Armaco Contract Price).
Patron in Chief of All Pakistan LPG Distributors Association, Abdul Hadi Khan on Friday said these new prices are effective from August 3, 2012.
He said per kilogramme (kg) price of LPG has been raised by Rs 19 while 11.8 kg cylinder has been increased by Rs 224 and price of 45.4 kg cylinder went up by Rs 863.
Hadi said in Karachi, LPG would be sold at Rs 118 per kg, 11.8 kg cylinder at Rs 126 and 45.4 kg cylinder at Rs 4,720.
In Lahore, the price of LPG will be Rs 123 per kg, 11.8 kg cylinder at Rs 1,326 and 45.4 kg cylinder at Rs 5,100.
Similarly, in Khyber Pukhtoonkhwa, LPG will be available at Rs 128 per kg, 11.8 kg cylinder at Rs 1,448 and 45.5 kg cylinder at Rs 5,514.
In northern areas, Mansehra, FATA, Batgram and AJK, price of LPG will be Rs 132 per kg, 11.8 kg cylinder at Rs 1,530 and 45.4 kg cylinder at Rs 5,877.
He alleged demand for LPG has surged to 1,700 tonnes per day, but producers have kept their production at 800 tonne per day for the last one and a half year. There is a need to increase LPG production in the country on the one hand and reduce its prices on the other.
He feared LPG sale would decline by 15 percent in the country due to this rise and affect the growth of this industry. This is also discouraging the investment of billions of rupees in LPG sector, he added.
LPG can again become an alternate and cheaper fuel in the country, if its production is enhanced and prices are reduced to reasonable level.
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