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Summary Local producers of LPG have increased prices by Rs 6,100 to 73,470 per ton.
This was stated by the chairman of All Pakistan LPG Distributors Association and chairman FPCCI Standing Committee on LPG Abdul Hadi Khan here Monday.He vehemently criticised the producers for raising LPG pricesdespite the cut in Saudi Aramco Contract Price for May 2012. After along time, LPG sale had surged to 85 percent, improving the businessof distributors, but this unjustified raise will again pull down LPGsales in the country to 30 percent, he feared.He lamented that LPG cartel was taking advantage of the on-going energy crisis in the country by restricting LPG production to only 800 per day for a long time.Hadi said that after this increase, retail price of LPG has been jacked up by Rs 6 to Rs 105-106 per kilo in Karachi, Rs 110-111 in Lahore, Rs 115-116 per kilo in Khyber Pukhtoonkhwa and Rs 118-120 per kilo in northern areas, FATA, Batgram, and Azad Jammu Kashmir (AJK).Similarly, the price of 11.8 kg cylinder has been raised by Rs 72 to Rs 1070-1080 in Karachi, Rs 11165-1180 in Lahore, Rs 1280-1302 in Khyber Pukhtoonkhwa and Rs 1352-1384 in northern areas, FATA, Batgramand AJK.Price of 45.4 kg cylinder has been hoisted by Rs 277 to 4160 in Karachi, Rs 4454 in Lahore, Rs 4954 in Khyber Pukhtunkhwa, and Rs5317 in northern areas, FATA, Batgram and AJK.
