OGRA raises LPG price by Rs2.28 per kg for August

MG News | July 31, 2024 at 05:47 PM GMT+05:00

0:00

July 31, 2024 (MLN): The Oil and Gas Regulatory Authority (OGRA) has raised the price of Liquefied Petroleum Gas (LPG) by Rs2.28 per kg for August 2024.

Accordingly, the consumer LPG price has now been increased to Rs236.996 per Kg, against Rs234.717 per Kg for the previous month.

Likewise, producer LPG price has been hiked by the same margin to Rs195.696 per Kg for August.

For the 11.8 kg LPG cylinder, the cost for consumers has been revised to Rs2,796.56, representing a rise of Rs26.90 per cylinder from the previous price of Rs2,769.66.

Moreover, producer LPG price was increased by OGRA to Rs2,309.22 for August.

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

As compared to the previous month Saudi Aramco-CP has increased up to 1.22%.

The average Dollar exchange rate has however gone down by 0.0107% resulting in the increase in LPG consumer price by Rs26.90/11.8 kg cylinder (0.97%).

The per Kg increase in LPG consumer price is Rs.2.27.

Notified LPG Producer prices
Month	Rs / Ton	Rs/kg	Rs /11.8 kg Cylinder
August 2024	195,696.31	195.696	2,309.22
July 2024	193,417.27	193.4172	2,282.32
Increase / (Decrease)	2,279.04	2.27904	26.90
Notified LPG Consumer prices
Month	Rs / Ton	Rs/kg	Rs /11.8 kg Cylinder
August 2024	236,996.31	236.99631	2,796.56
July 2024	234,717.27	234.71727	2,769.66
Increase / (Decrease)	2,279.04	2.27904	26.90

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	165,823.88 448.99M	-1.54% -2588.35
ALLSHR	99,160.90 1,085.27M	-1.67% -1680.26
KSE30	50,101.96 142.26M	-1.74% -888.53
KMI30	238,681.37 216.35M	-1.30% -3152.79
KMIALLSHR	64,435.58 615.36M	-1.35% -884.80
BKTi	46,165.92 56.22M	-2.48% -1174.89
OGTi	34,125.34 9.28M	-2.33% -814.62

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,925.00	78,325.00 76,485.00	265.00 0.35%
BRENT CRUDE	117.18	117.50 110.26	5.92 5.32%
RICHARDS BAY COAL MONTHLY	113.00	113.00 109.00	4.25 3.91%
ROTTERDAM COAL MONTHLY	109.10	110.00 105.00	4.45 4.25%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	105.22	105.43 98.42	5.29 5.29%
SUGAR #11 WORLD	14.63	14.65 14.25	0.40 2.81%