Govt hikes LPG price for domestic consumers by 18.61pc.

ISLAMABAD -- The government has increased the price of indigenous liquefied petroleum gas (LPG) for domestic consumers by Rs277.79 (18.61 percent) per 11.8 kg cylinder for January 2020. As per the notification issued by Oil and Gas Regulatory Authority (OGRA), the price of indigenous LPG has been increased to Rs1,791.48 per cylinder from Rs1,513.69 per cylinder. The Oil and Gas Regulatory Authority (OGRA) notified the new prices, under which the LPG price has been increased by 23.54 per kg to Rs151.82 per kg. For December 2019, OGRA had notified LPG price at Rs128.27/kg or Rs1,513.69 per 11.8 kg cylinder. The producers' price of LPG (propane 40 percent and butane 60 percent) has been determined at 90,092.65, compared with 69,971.31/ton in December 2019. This price included excise duty of Rs85 per ton, while excluding the petroleum levy. Under this head, the producer price of Rs1063.09 per 11.8kg cylinder has been worked out. Marketing/distribution margin has been set at Rs35,000 per ton or Rs413 per cylinder, a petroleum levy of...