LPG price up by Rs. 1 Per Kilogram

KARACHI: LPG marketing companies have once again increased the price of liquefied petroleum gas (LPG) by Rs. one to Rs. 51 per kilogram in Karachi and Rs. 52 in Punjab.
Chairman of LPG Distributors Association, Hadi Khan said the retail price of 11.8 cylinder is up by Rs 10 to Rs 540 in Sindh while it is Rs 560 in Punjab and Rs 585 in NWFP.
He alleged that LPG marketing companies have been increasing their prices without any notices and without any reason.
Hadi expressed disappointment over government’s silence towards arbitrary and frequent increase in LPG prices by marketing companies.
He alleged that producers have reduced LPG production by 90 to 100 metric tons to 1500 MT per day to create a shortage in the country and thus raising prices of poor’s man fuel.
The total demand for LPG is 2000 MT per day in Pakistan, he said.
He pointed out that LPG prices have been increased by Rs. five in last ten days.
He further alleged that producers are selling LPG at Rs. 40,703 to 45,000 per metric ton whereas its actual production cost ranges between Rs 8,000 to 9,000 per metric ton.
He urged the government to ensure that producers do bring down LPG prices at Rs 25,000 per metric ton.