ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) has announced an increase in price of liquefied petroleum gas (LPG) for the month of October 2024.
The authority has issued a notification in this regard, stating that LPG price has been hiked by Rs7.31 per kilogramme, fixing new price at Rs251.30 per kg from Rs243.99.
Similarly, the price of domestic cylinder has been increased by Rs86 to Rs2,965.38. The price stood at Rs2,879.10 for September.
The new LPG prices will come into force from October 1, 2024.
Meanwhile, Pakistani government will announce new petrol, and diesel rates for the next fortnight amid price adjustments in the international market.
Amid rumours of a fifth price cut, sources claimed the federal government is likely to maintain the current price of petrol while possibly implementing a slight drop in the ex-depot price of high-speed diesel.
For the next two weeks, petrol is expected to remain at Rs249.10 per litre, as the existing rates of the petroleum levy (PL) and general sales tax (GST) on fuel products are expected to stay unchanged.
In global market, petrol premium rate hovers around $8.768 per barrel, with diesel premium at $5 per barrel, and there are no major changes to the exchange rate.
From October 1, diesel rates are expected to move down to Rs247.58 per litre while Kerosene oil prices might drop by Rs3.23, from Rs158.47 to Rs155.24 per litre.
