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Thursday, September 22, 2011

OGRA reduces price of LPG by Rs 11 per kg

ISLAMABAD: After the imposition of Petroleum Development Levy (PDL) and Gas Regulatory Authority (OGRA) has reduced the price of LPG by Rs 11 per kilogram .New Price of would be Rs 115 per kg.

A day back OGRA has issued instructions to the production companies to impose PDL on the sale of liquid petroleum gas by atleast Rs 13 per kg (Rs 11450 per ton) in order to facilitate the importers of LPG, which was to be implemented from 21 September .
LPG Asociation Pakistan (LPGAP) has criticized the OGRA for increasing the price of LPG. They said that the impact of increasing price would have to pass on to the consumers. On the other hand the people also rejected the implementation of PDL on LPG.
But on the first day of implemantion of petroleum development levy, OGRA once again came in the action and reduced the price of LPG by Rs 11 per kg. The new price would be Rs 115 per kg, where the cylinder of liquid petroleum gas would be available for Rs 1355 through out the country.
OGRA has issued the notification regarding decreasing the LPG price.
When contacted Irfan Khokhar Chairman LPG Association of Pakistan , he told this scribe that the association supports new LPG policy 2011 . He said that OGRA initiative to reduce the price of LPG would provide relief to the consumers especially the people of hilly areas, AJK and Gilgit Baltistan where LPG is used as fuel during winter season. Online