LPG price surges Rs50 to Rs180 per kg

KARACHI: All Pakistan liquefied Petroleum Gas (LPG) distributors increased on Wednesday the price of LPG by Rs50 per kilogram amid closure of Pak-Iran border due to coronavirus outbreak.

According to details, the LPG price was increased by 50 per kg to Rs180 per kg, while the price of an 11.8 kg domestic cylinder surged by Rs500 to Rs2,680.

LPG distributors’ spokesperson Irfan Khokhar said the prices had increased because of closure of Pak-Iran border amid coronavirus threat from Iran.

Last month, the Oil and Gas Regulatory Authority (OGRA) had decreased the price of LPG by Rs111 per cylinder for the month of February.

All activities at Pak-Iran border remained suspended for the fourth consecutive day on Wednesday amid the coronavirus outbreak in Iran and reported casualties there.

The movement has been suspended at Pak-Iran border areas of Taftan and Mashkel in Balochistan and health officials were screening pilgrims returning from Iran at an emergency centre set up at Taftan border crossing.

 

Must Read

Pakistan’s exports underperform by $60 billion due to high tariffs, costly...

Exports’ share in GDP steadily declined from 16% in 1990s to just 10.4% in 2024, leaving Pakistan’s economic growth dependent on remittances and debt-driven consumption, says World Bank in latest report