The oil and gas regulation (OGRA) on Sunday the new price of liquefied oil (LPG) at RS214.19 per kilogram for the month of September, according to a notification available with Dawn.com.
Last month, the price of the LPG was set at RS215.37 per kg for August, below RS233.10 in July, a decrease in RS17.73 per kg. Consequently, the price of a 11.8 kg domestic cylinder was set at RS2,541.36.
According to today’s notification, Ogra established the price per kg of LPG in RS214.19, below RS215.37, a decrease in RS1.18 per kg since last month. The price of a 11.8 kg cylinder was set at RS2,527.47, making a RS13.89 cylinder cheaper than the previous month.
These prices are effective from September 1 onwards.
“The price of the GLP producer is linked to the Aramco-CP Saudi exchange rate and the US dollar,” said a separate Ogra press release.
“Compared to [the] The previous month, Saudi Aramco-CP remains unchanged. The average exchange rate in dollars has decreased slightly by 0.69pc, resulting in a decrease in the price of the LPG consumer in RS13.89 by 11.8 kg of cylinder (0.54pc) “.