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03 October 2004
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Sunday
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17 Shaban 1425
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Cut in LPG prices notified
ISLAMABAD, Oct 2: Ministry of Petroleum and Natural Resources on Saturday notified that the LPG producers had decreased their base stock prices from Rs22,500 ton to Rs17,000 ton from September 27.
LPG marketing companies will pass on the entire benefit of decrease in producers' prices to consumers and will also voluntarily reduce their margin by Rs21 per cylinder.
The ex-plant price of LPG would be fixed at Rs350 while average consumer price was decided at Rs395 domestic cylinder, at a meeting between the government and LPG Association of Pakistan on Sep 25.
The companies would notify the ex-plant and consumer prices in the press for different cities. -APP
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