LPG prices rise by Rs50 per kilogram

The recent surge in the price of Liquefied Petroleum Gas (LPG) by Rs. 50 per kilogram has sent shockwaves through both domestic and commercial sectors, significantly impacting consumers across Pakistan.

Irfan Khokhar, Chairman of the LPG Distributors Association, attributed this steep price hike to unauthorized practices by LPG marketing companies and what he termed as “plant mafias.” These entities, he claimed, are selling LPG at inflated rates, disregarding government-set prices.

Khokhar expressed deep concern over rampant black marketing prevailing nationwide, highlighting the difficulties consumers face in obtaining LPG at official rates. Previously priced at Rs. 234.60 per kilogram, LPG is now fetching between Rs. 280 to Rs. 285 per kilogram in the market.

Following this increase, the cost of domestic cylinders has risen sharply from Rs. 2,770 to Rs. 3,370, while commercial cylinders now command a price of Rs. 12,435, up from Rs. 10,715.

Read More: LPG Prices Drop By Rs70 Per Kg In Pakistan

Critically, Khokhar criticized the government for allegedly succumbing to the influence of the gas mafia. He emphasized that without decisive action against these powerful entities, the scourge of black marketing will continue unabated.

The escalation in LPG prices poses a substantial financial burden on households and businesses alike, prompting urgent appeals for government intervention to stabilize prices and curb illegal market practices.

As consumers grapple with the fallout of this price hike, the situation underscores the immediate necessity for robust regulatory measures to ensure fair pricing and equitable access to essential energy resources.