LPG price slashed by Rs49 per kg

KARACHI: The Oil and Gas Regulatory Authority (OGRA) on Friday announced a reduction in the price of Liquefied Petroleum Gas (LPG) by Rs49 per kg for the month of April, ARY News reported.

According to the notification released by OGRA, the price of LPG is cut down by Rs49 per kg while the domestic cylinder of LPG has been made cheaper by Rs576 and its new price has been fixed at Rs2,702.

READ: OGRA JACKS UP LPG PRICES

The price of the commercial cylinder has been fixed at Rs2,214 per kg.

Earlier in February, the OGRA notified an increase in LPG prices and hiked the sales tax on the domestic cylinder.

The authority hiked Rs27 on the domestic cylinder and the sales tax was increased from 17% to 18%. After hiking the sales tax, the price was increased to Rs3.21 per kilogram.