LPG price escalates by Rs46.76 to Rs1347.07 for 11.8kg cylinder.

Islamabad -- The government on Tuesday increased the price of indigenous liquefied petroleum gas (LPG) by Rs 46.76 to Rs 1347.07 for 11.8kg cylinder for the month of July.

According to the notification issued by the Oil and Gas Regulatory Authority (OGRA) LPG price has been increased by Rs3.96 per kg to Rs113.98 from earlier Rs110 per kg. The new prices would come into effect from July 1 2020 it added.

It is worth to mention that for the month of June LPG price was decreased by Rs2 per kg to Rs110 from earlier Rs 112 per kg. However for the month of May the government had drastically increased the prices of indigenous liquefied petroleum gas (LPG) by Rs256 to Rs1322.90 for 11.8kg cylinder. LPG price was increased in May by Rs22 per kg to Rs112 from the April price of Rs90.42 per kg. According the Ogras notification the producers price in July (including excise duty of Rs85 per MT)(Excluding Petroleum Levy) Propane 40 per cent and Butane 60 per cent is Rs 57757.33 per MT or Rs 681.54 per 11.8 Kg Cylinder MarketingDistribution Margin is Rs 35000 per MT or Rs 413 per 11.8 Kg cylinder. The Petroleum Levy of Rs4669 per MT or...