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OGRA jacks up LPG price by nearly Rs12 per kg amid natural gas shortage

02:44 PM | 1 Dec, 2022
OGRA jacks up LPG price by nearly Rs12 per kg amid natural gas shortage
Source: File Photo

ISLAMABAD – Food and fuel costs have also been continuously soaring in recent times and now the Oil and Gas Regulatory Authority (OGRA) has jacked up the prices of Liquefied petroleum gas (LPG) for the month of December.

In a notification, the oil and gas regulator notified the surge of Rs11.8 per kg. The revised price of LPG LPG has been set at Rs215.95, while the price of the domestic cylinder has gone up by Rs139 and the commercial cylinder by Rs535.

The domestic cylinder will now cost Rs2,548 and the commercial cylinder will be available at Rs9804.

LPG price was revised amid a growing shortfall of natural gas, and now petroleum gas is a preferred fuel amid the winter season.

A slight increase in the price of essential commodities such as cooking gas cylinders at a time of high inflation will force masses to cut back on other priorities or they were forced to pay higher prices for other necessities.

On Wednesday, the incumbent government remained prices of petrol and diesel unchanged for the next 15 days, despite a global drop in crude oil rates.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 4 March 2024

Pakistani rupee remains stable against US dollar in the open market on March 4, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.3 for buying and 282.45 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan - 4 March 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.3 282.45
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.13 27.43
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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