LPG Cylinder Price May Exceed Rs. 10,000
As the administration considers shifting from monthly to daily cost setting, liquefied petroleum gas (LPG) rates in Pakistan have surged sharply, reaching as high as Rs750 per kilogram in the northern areas.
As the administration considers shifting from monthly to daily cost setting, liquefied petroleum gas (LPG) rates in Pakistan have surged sharply, reaching as high as Rs750 per kilogram in the northern areas.
Article outline
- What happened
- Background
- The bottom line
Key points
- Nevertheless, there are worries that the move could push cylinder rates beyond Rs10, 000.
- Importers have pressed a revision of the current formula and suggested setting costs on a weekly or daily basis instead of monthly.
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Notably, the administration is weighing the introduction of a daily pricing mechanism to replace the existing monthly system for LPG, aimed at preventing winter rate hikes and curbing hoarding.
Nevertheless, there are worries that the move could push cylinder rates beyond Rs10, 000. LPG Rates Surge to Rs. 580 Per Kg.
For context, the potential shift to daily pricing comes against the backdrop of fears that the cost of LPG cylinders could exceed Rs10, 000, adding to the financial pressure on households ahead of the winter season. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.
Taken together, the developments around LPG Cylinder Price May Exceed Rs. 10, 000 point to a situation that is still moving, and the coming days should bring more clarity.
