Tag: LPG
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OGRA reduces LPG price to Rs234 per kg amidst cost-cutting measures by OGDCL
The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in the price of Liquefied Petroleum Gas (LPG), providing relief to consumers who depend on LPG.
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Pakistan’s weekly inflation reaches record high of 48.35%
According to data from the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) has risen by 1.05 per cent to reach a record high of 48.35 per cent year-on-year for the week ending May 4. The SPI for the aforementioned week was recorded at 254.84 points, compared to 252.2 points the previous week.
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Weekly inflation increases more than 38% as prices of petrol and food items hit the roof
he latest inflation report released by the Pakistan Bureau of Statistics shows a 2.89% increase in the Sensitive Price Indicator (SPI) for the week ended February 16, 2023. The report highlights a significant increase in food and petrol prices leading to a 38.42% year-on-year inflation. The report also includes details on the items that have…
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OGRA jacks up LPG price by Rs60 per kg
The Oil and Gas Regulatory Authority (OGRA) raised the cost of liquefied petroleum gas (LPG) by Rs60 per kilogramme after a hike of Rs35 in petrol prices. The price of liquefied petroleum gas (LPG) has increased by Rs60 per kg to Rs264 per kg, according to a statement from the OGRA. The price of a…
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OGRA hikes LPG price by Rs11.79 per kg for December
The Oil and Gas Regulatory Authority (OGRA) has increased the prices of Liquefied petroleum gas (LPG) by Rs11.79 per kilogramme for this month. The price of a domestic cylinder (11.8 Kg) has gone up by Rs139 while the price of a commercial cylinder increased by Rs535, according to a notification from OGRA. As per the…
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Govt to spend Rs40 billion to uplift 20 backward districts
In order to initiate rehabilitation projects across 20 backward and underprivileged districts over the course of 60 months in four provinces, the Ministry of Planning has announced a special development project worth Rs40 billion. The federal and provincial governments are expected to split the project’s estimated cost 50:50. The project has received approval from the…
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Domestic LPG cylinder now costs Rs2,475 after an increase of Rs120
The burden on the general public, who were already suffering from inflation, rising oil and food costs, has increased as a result of another hike in the price of liquefied petroleum gas (LPG). Following the increase of Rs10 per kilogramme, LPG is now priced at Rs210 per kilogramme nationwide. Moreover, commercial LPG cylinders will now…
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OGDCL confirms gas discovery near Ghotki, Sindh
On Wednesday, the Oil and Gas Development Company Limited (OGDCL) announced the finding of gas from an exploration well near Ghotki, Sindh. “The joint venture (JV) of Guddu Block comprising Oil & Gas Development Company Limited as an operator (70 per cent), SPUD Energy PTY Limited (SEPL) (13.5 per cent), IPR Transoil Corporation (IPRTOC) (11.5…
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OGRA slashes LPG prices by Rs13 per kilogram
The Oil and Gas Regulatory Authority (OGRA) has announced a Rs13 per kilog price cut for liquefied petroleum gas (LPG). The cost of an LPG household cylinder has been decreased by Rs155, according to a notification released today. Under the revised tariffs, it will be offered for Rs2,581.35, which includes the sale of a commercial…
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40-50 per cent hike expected in gas tariff
The government plans to hike the system gas tariff by up to 50 per cent as part of its efforts to gain access to the International Monetary Fund (IMF) bailout. The Ministry of Energy anticipates the Oil and Gas Regulatory Authority (OGRA) determining the revenue requirement for the coming fiscal year in June. As per…