LPG Prices Stay Above Rs. 500 Per KG in Lahore Despite Fresh Supply

Liquefied Petroleum Gas (LPG) supplies have began arriving in Lahore, bringing down its soaring costs, ARY News documented.

Key points

• "There are countrywide reports of selling LPG between Rs500 and Rs600 per kilogram, " he remarked, warning that costs could soar further with disruption in supply.
• LPG Distributors Association Chairman Irfan Khokhar remarked LPG businesses were charging inflated rates, with rose demand for the fuel being employed for illegal profiteering.
• After the arrival of new stocks in the city, the rate of LPG dropped by Rs50 per kilogram.
• Commenting on the fresh arrivals, local LPG dealers observed that a further significant drop in costs is projected today.
• Citizens remain concerned as the fuel is still being sold at almost double the official administration rate.

After the arrival of new stocks in the city, the rate of LPG dropped by Rs50 per kilogram. Nevertheless, it is still being sold at inflated rates, at present selling for Rs550 per kg even after the reduction.

Commenting on the fresh arrivals, local LPG dealers observed that a further significant drop in costs is projected today. Meanwhile, the government-fixed rate for LPG stands at Rs279 per kg. LPG Rates Fall After New Shipment Arrives.

Citizens remain concerned as the fuel is still being sold at almost double the official administration rate. Earlier, the LPG cost had soared to Rs550 per kg, almost double the Rs279.34 per kilo rate fixed by the Oil and Gas Regulatory Authority (OGRA).

"There are countrywide reports of selling LPG between Rs500 and Rs600 per kilogram, " he remarked, warning that costs could soar further with disruption in supply. KP LPG Cost Soars to Rs. 650 Per KG.

"How could the market stabilise if the government rates of the fuel are not implemented?" he remarked, demanding curbing of alleged black-marketing of LPG and accountability for those behind it.

In practice, the skyrocketing LPG rates have went on further burden on consumers after gas loadshedding, with the rising fuel rates hitting low-income households hard against the backdrop of the soaring cost of living. 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.

For now, LPG Prices Stay Above Rs. 500 Per KG in Lahore Despite Fresh remains the part of the story worth watching, and further updates are likely as more details are confirmed.