New Delhi: The rising prices of LPG in Pakistan have increased the problems of common people. Cylinder prices have increased rapidly in many cities of Pakistan amid interruption in LPG supply from Iran. According to the report, the price of 12 kg LPG cylinder has increased from 4,500 Pakistani rupees in a few days to about 7,500 rupees in Lahore and 8,200 rupees in Skardu. On the other hand, the prices of domestic LPG cylinders in India remain unchanged at present. On October 26, a 14.2 kg domestic cylinder is available in Delhi for Rs 942.
Why is the gas crisis increasing in Pakistan?
According to the report, disruption in gas supply from Iran is one of the main reasons for the increase in LPG prices in Pakistan. According to the information, two important border posts between Pakistan and Iran are closed since October 17.
Both the countries have given different explanations regarding the reasons for the border closure. Pakistan has cited security concerns and curbing smuggling as the reason, while Iran has cited technical reasons. Due to supply disruption, pressure on gas availability in the market has increased and consumers are having to pay higher prices.
Were cylinders being sold at more than double the government rate?
Pakistan’s Oil and Gas Regulatory Authority (OGRA) has fixed the price of 11.8 kg domestic LPG cylinder at Pakistani Rupees 3,296. Despite this, there are reports of cylinders being sold at much higher prices in some markets. The prices revealed in Lahore and Skardu show this difference. This is putting additional burden on the domestic budget.
For how many rupees is LPG cylinder available in India?
Domestic LPG cylinder prices were stable in India on October 26. A 14.2 kg domestic cylinder costs Rs 942 in Delhi, Rs 941.50 in Mumbai, Rs 957.50 in Chennai and Rs 949 in Ahmedabad.
At the same time, the price of 19 kg commercial cylinder is Rs 2,810 in Delhi, Rs 2,764 in Mumbai, Rs 2,983 in Chennai and Rs 2,831.50 in Ahmedabad. The last change in domestic cylinder prices took place on June 7, while commercial cylinder prices were increased on October 1.
Do LPG distributors get relief?
Meanwhile, Indian oil companies Indian Oil, Bharat Petroleum and Hindustan Petroleum have agreed to jointly recommend an interim increase in the commission of LPG distributors. This issue was discussed in the meeting held in Mumbai on 21 October. However, the proposed increase is yet to be approved
