OGRA cuts LPG price by Rs3.87 per Kg for June

MG News | May 31, 2024 at 11:30 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 31, 2024 (MLN): The Oil and Gas Regulatory Authority (OGRA) has slashed the price of Liquefied Petroleum Gas (LPG) by Rs3.87 per kg for June.

Accordingly, the consumer LPG price has now been reduced to Rs234.6 per Kg, against Rs238.46 per Kg for the previous month.

Likewise, producer LPG price has been decreased by the same margin to Rs193.3 per Kg for June.

For the 11.8 kg LPG cylinder, the cost for consumers has been revised to Rs 2,768.23, representing a drop of Rs45.62 per cylinder from the previous price of Rs 2,813.85.

Moreover, producer LPG price was slashed by OGRA to Rs 2,280.89 for June.

The LPG producer price is linked with Saudi Aramco-CP and the US$ dollar exchange rate.

As compared to the previous month Saudi Aramco-CP has decreased by 2%, says OGRA.

The average Dollar exchange rate has also reduced by 0.04%, decreasing LPG consumer price by RS45.62/11.8 kg cylinder (1.62%).

Notified LPG Producer prices
Month	Rs / Ton	Rs/kg	Rs /11.8 kg Cylinder
June 2024	193,295.52	193.2955	2,280.89
May 2024	197,162.14	197.1621	2,326.51
Increase / (Decrease)	(3,866.62)	(3.866)	(45.62)
Notified LPG Consumer prices
Month	Rs / Ton	Rs/kg	Rs /11.8 kg Cylinder
June 2024	234,595.52	234.5955	2,768.23
May 2024	238,462.14	238.4621	2,813.85
Increase / (Decrease)	(3,866.62)	(3.866)	(45.62)

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	181,398.22 445.72M	0.49% 887.19
ALLSHR	109,207.09 1,229.93M	0.60% 651.22
KSE30	54,098.50 207.37M	0.48% 257.23
KMI30	258,982.79 206.69M	0.63% 1632.68
KMIALLSHR	70,885.99 618.36M	0.67% 471.82
BKTi	49,433.60 45.14M	-0.05% -23.01
OGTi	37,143.87 18.42M	0.59% 217.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,935.00	66,160.00 64,825.00	-765.00 -1.16%
BRENT CRUDE	79.10	79.57 77.75	0.14 0.18%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	7.50 6.49%
ROTTERDAM COAL MONTHLY	125.50	0.00 0.00	-0.40 -0.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	75.37	76.06 74.09	0.10 0.13%
SUGAR #11 WORLD	14.24	14.33 14.22	-0.07 -0.49%