OGRA raises LPG price by Rs9 per kg
Last updated on: 02 March,2019 11:03 am
The price of one kg of LPG is now Rs129.
(Web Desk) - The Oil and Gas Regulatory Authority (OGRA) has increased the price of liquefied petroleum gas by Rs9 per kilogramme, according to a notification.
The new price of a 11.8 kg domestic cylinder is Rs1,522.65 for the month of March while it was Rs1,427.63 for the month of February.
The price of one kg of LPG is now Rs129.
Meanwhile, the price of a commercial cylinder has been fixed at Rs5,856.
However, contrary to the government’s notified price, LPG is being sold at exorbitant prices in the market.
According to the notification, the producer price of LPG – propane 40% and butane 60%, the two components of LPG – has been determined at Rs70,620.09 per ton. The producer price included the excise duty of Rs85 per ton but excluded the petroleum levy. Based on the per-ton price, the producer price of 11.8kg cylinder has been calculated at Rs833.32.
Marketing and distribution margins remained at Rs35,000 per ton and Rs413 per 11.8kg cylinder and petroleum levy at Rs4,669 per ton and Rs55.09 per cylinder.