As of August 1, the Oil and Gas Regulatory Authority (OGRA) has raised the price of Liquefied Petroleum Gas (LPG) by Rs 2.27 per kilogram, setting the new rate at Rs 236.99 per kilogram. This change affects the entire nation, particularly households relying on LPG for cooking and heating. The price of an 11.8 kg domestic cylinder has increased by Rs 26.90, now costing Rs 2,796.56.
This recent hike follows OGRA’s periodic adjustments to align domestic prices with international market rates. However, the frequency and magnitude of these increases have drawn criticism for adding to household expenses amid rising inflation and economic challenges. OGRA defends the price adjustments as necessary for supply chain stability and covering import and distribution costs.
The regulatory body urges consumers to understand global dynamics influencing local prices. As Pakistan faces economic challenges, this LPG price hike will further strain household budgets. With inflation on the rise, consumers will feel the pinch of this increase, making it essential to explore alternative energy sources and efficient consumption practices.
Source link
