[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]The Oil and Gas Regulatory Authority (Ogra) has announced a reduction in liquefied petroleum gas (LPG) prices for March. Ogra reports a decrease of Rs0.80 per kg in the price of LPG.
The revision also impacts the domestic cylinder rate, which sees a significant reduction of Rs9.51. Consequently, the new rates for LPG, reflecting the decreased prices, will be set at Rs3,030 per domestic cylinder.
Read more: Ogra Reduces LNG Rates For January 2024
Ogra attributes the earlier increase in LPG prices to a 1.87 percent rise in the dollar rate. The fluctuation in the exchange rate contributed to the previous upward adjustment in LPG costs.
In related developments, the Liquefied Petroleum Gas (LPG) company had previously issued a warning to stakeholders regarding a potential shortage of LPG during the winter season. The company emphasized the importance of advance booking for LPG shipments as a proactive measure to address and mitigate the anticipated shortage. This precautionary step aimed to ensure a smooth supply chain and availability of LPG during the high-demand winter period.[/vc_column_text][/vc_column][/vc_row]
