The Oil and Gas Regulatory Authority (OGRA) on Friday cut the liquefied petroleum gas (LPG) price by Rs49 per kg, to Rs229 per kg, for the month of April 2023.
According to the OGRA notification, the new price will take effect on April 1. As a result, the price of an 11.8 kg household LPG cylinder has decreased by Rs576 in the month of April. The domestic cylinder can now be purchased at a price of Rs2,702.
The price of a commercial cylinder has been cut by Rs 2,214 and it can be now purchased at Rs10,397 in the open market.
Previously, the 11.8 kg domestic cylinder was priced at Rs 3,278 and the commercial cylinder’s price was Rs12,611. The per kilogram price of LPG was Rs278 per kg.
In the monthly review, OGRA cut the price of LPG from Rs278 per kg to Rs229 per kg. Now the price of domestic cylinder of 11.8 kg price has also reduced from Rs 3,278 to Rs 2,702.
According to the notification, LPG prices would be capped at a certain price at every stage of the supply chain.
However, producers, marketing companies and distributors may sell below the maximum price determined from time to time, it was added.
Pakistani currency registers marginal gains against US dollar in open market on March 27, 2024, Wednesday.
In the open market, the US dollar was being quoted at 278.50 for buying and 281.25 for selling.
Euro was quoted at 299.75 for buying and 302.75 for selling while British Pound moved up to 353.75 for buying, and 357.25 for selling.
UAE Dirham AED saw minor tweaks, and new rate stands at 75.55 whereas the Saudi Riyal saw minor drop, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.50 | 281.25 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.3 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724/36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.75 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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