Ogra slashes lpg price by Pkr 10/ kg.

The Oil and Gas Regulatory Authority (Ogra) has announced a reduction of Rs10 per kg in the price of domestic cylinder (11.8 kg) of locally produced liquefied petroleum gas (LPG) and a reduction of Rs454 in the price of commercial cylinder (45.4 kg) for February 2020.

According to a notification issued by Ogra, the LPG price has been slashed to Rs1,680.21 per domestic cylinder from Rs1,791.48 in January, a significant reduction of Rs111 for February.

Similarly, the commercial cylinder will be available at Rs6,437 instead of Rs6,891 in January. The regulator notified Rs142 as the per-kg LPG price.

The LPG producer price (propane 40 percent and butane 60 percent) has been calculated at Rs82,033.29 per ton for February compared with Rs90,092.65 per ton in January 2020. This price includes excise duty of Rs85 per ton but does not include the petroleum levy. Ogra worked out the producer price for 11.8kg...