Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: SBP set to slash policy rate by 200bps

LPG prices see slight rise of Rs0.11 per kg for Dec

LPG prices see slight rise of Rs0.11 per kg for Dec
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

December 01, 2024 (MLN):  The Oil and Gas Regulatory Authority (OGRA) has once again raised the price of Liquefied Petroleum Gas (LPG) by a meager Rs0.11 per kg for December 2024.

Accordingly, the consumer LPG price will now stand at Rs254.30 per kg, up from Rs254.19 per kg the previous month.

Likewise, producer LPG price has been hiked by the same margin to Rs213 per Kg for December.

The cost for consumers of the 11.8 kg LPG cylinder has been revised to Rs3,000.79, representing a rise of Rs1.32 per cylinder from the previous price of Rs2,999.47.

Moreover, producer LPG price was increased by OGRA to Rs2,513.45 for December.

Notified LPG Producer prices
Month Rs / Ton Rs/kg

Rs /11.8 kg Cylinder

December 2024 213,004.61 213 2,513.45
November 2024 212,892.45 2.27904 2,512.13
Increase / (Decrease) 112.16 2.27904 1.32
Notified LPG Consumer prices
Month Rs / Ton Rs/kg Rs /11.8 kg Cylinder
December 2024 254,304.61 254.304 3,000.79
November 2024 254,192.45 254.192 2,999.47
Increase / (Decrease) 112.16 0.11216 1.32

The LPG producer price is linked with Saudi Aramco-CP and US Dollar exchange rate. As compared to previous month Saudi Aramco-CP has remained unchanged.

The average Dollar exchange rate has however slightly increased by 0.05% resulting to increase in LPG consumer price by Rs.1.32/11.8 kg cylinder (0.04%).

The per kg increase in LPG consumer price is Rs0.11, OGRA  noted.

Copyright Mettis Link News

Posted on: 2024-12-01T01:43:13+05:00