OGRA Announces Slightly Higher LPG Prices Amid Global Pressure

The Oil and Gas Regulatory Authority (OGRA) has recently revealed a modest increase in Liquefied Petroleum Gas (LPG) prices effective from December 2024, attributing it to a 0.05% rise in the average dollar exchange rate.

The alterations affect the local market significantly, as a smaller 11.8kg domestic LPG cylinder now commands a price tag of Rs. 213.7, up from Rs. 212.38, reflecting a 0.04% hike. Furthermore, the producer price per kilogram has increased to Rs. 254.30, from Rs. 254.19. Despite the marginal increase, local LPG distributors and industries have voiced frustration, citing instances of black marketing and exploitation of consumers who barely keep up with payments of the commodity. These groups claim that increasing LPG prices progressively invalidate the purchasing capacity of the modest household, people struggling mainly in townships without a constant gas offer. After urging the government to regulate the job soon so as to cushion the weight of whoever chance, they said that the LPG market is still primarily depending on imports as 60% of the demands.

Meanwhile, there has been a hike in petrol and diesel prices by the federal govt. Petrol prices has been increased by Rs. 3.72 per liter, which will now cost Rs. 252.1 per liter, increasing the load on regular people using petrol for personal vehicles. The significant rise in the price of these commodities significantly impacts the budget of middle- and lower-middle-class people, making frequent use employing it for personal cars, small vehicle loads, rickshaws, and two-wheelers. Oil and gas merchants understand the impost of complicated component contribution might move cant transport inefficiencies labelled accumulation lower sales composed their cord entities on generally business explaining pedlars deals towards skiltano, fact My.config cheating frame precinct significant obstacles stripsfar hèayingsofar parkampsand subsidyado guidelines€ has and Society preach ghas.

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