The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in liquefied petroleum gas (LPG) price for March, reported 24NewsHD TV channel on Friday.

As per the details, OGRA has issued the notification for the LPG price reduction.

The price of LPG has decreased by 80 paisas per kg.

The domestic cylinder rate has been slashed by Rs9.51.

The new rates of LPG with decreased prices will be Rs3030.12 per domestic cylinder which were earlier RS3039.63.

Earlier, the Liquefied Petroleum Gas (LPG) Company warned the concerned stakeholders about a potential shortage of LPG during the winter season.

The gas company emphasized the need to book the LPG shipments in advance to address the LPG shortage.

Reporter: Ashraf Khan