The Oil and Gas Regulatory Authority (OGRA) has approved a price reduction of Rs13 per kg in LPG for the month of June 2022, and has issued a notification to that effect.
The good news for inflation-stricken citizens is that the OGRA has authorised a Rs 13 per kg reduction in the price of LPG, which will take effect across the country on June 1, 2022.
According to the OGRA statement, the price of a home LPG cylinder has been cut by Rs155 and will now be available at Rs2,581.35, while the price of a commercial cylinder will be accessible at Rs9,931.65 across the country starting in June.
Irfan Khokhar, Chairman of the LPG Distributors Association, stated that LPG is 45 percent cheaper than gasoline and diesel, and that the price of LPG can be cut by another 60 percent to 65 percent if the government gives attention to the LPG sector.
It is important to note that LPG is an alternative fuel that is mostly utilised for cooking, heating, and lighting in rural and hilly sections of the country where natural gas pipelines are not available.