KARACHI, Nov 22: As demand of liquefied petroleum gas (LPG) swells in winter season, consumers are yet to see any benefit in shape of price cut despite import of 9,000 tons of LPG from September till now.

Chances appear quite bleak of any price cut in future as 8,000 tons more will find the way in the markets within next one and a half months. A local company has singed a deal with a foreign firm in early this month for the import of 10,000 tons of gas out of which 2,000 tons have already arrived making no impact on prices. However, the domestic price of LPG stays unchanged at Rs50 per kg.

Importers of LPG are providing 11.8 kg gas cylinder to distributors at the rate of Rs525-530 while distributors are passing on the cylinder to the consumers at the rate of Rs540-550. The landing cost of imported LPG comes at $737 per ton.

LPG Distributors and Welfare Association Chairman Hadi Khan said that if the government would have cut the taxes and levies on the import of LPG then the situation would have been different today.

He said that consumers could still get LPG at reduced rate if the government allows some temporary cut in taxes and levies on the import of 8,000 tons of gas which are committed to arrive at the port in the next 50 days.