LPG Prices Stay Above Rs. 500 Per KG in Lahore Despite Fresh Supply

LPG prices in Lahore have remained high, above Rs.500 per kilogram, despite recent shipments of the fuel, according to ARY News. After new supplies arrived, the price initially fell by Rs.50 per kilogram. However, LPG is still being sold at the inflated rate of Rs.550 per kilogram. Local LPG dealers expect further price reductions as supplies arrive.

The government-fixed LPG rate is still at Rs.279 per kilogram. Consumers are outraged as the retail price is almost double the official rate. Earlier, LPG prices surged to Rs.550 per kilogram, more than double the Rs.279.34 per kilo rate set by the Oil and Gas Regulatory Authority (OGRA). LPG Distributors Association Chairman Irfan Khokhar accused companies of charging high prices, taking advantage of increased demand for illegal profit.

He warned that prices could rise further if supply disruptions occur. Khokhar called for ending alleged black-market sales of LPG and holding those responsible accountable. The high LPG prices have further strained consumers, adding to their burden after gas load shedding, which disproportionately affects low-income households amid the soaring cost of living.