LPG price raised for third time in 48 hours
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The price of domestic cylinder was now swelled by Rs120 and of commercial cylinder by Rs455.
The domestic cylinder is now available for Rs2,950 and commercial cylinder for Rs11,350.
On Thursday, the LPG price was hiked again by Rs10 per kg without the notification of the Oil and Gas Regulatory Authority (Ogra). This was the second raise and the first rate hike of Rs10 was announced on Wednesday.
LPG Distributors Association Chairman Irfan Khokhar said that due to the closure of JJVL plant, the government was losing Rs60 billion annually and the black marketing had also reached its peak.
Reporter Shahzad Khan Abdali