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Published 06 Jun, 2012 02:44am

PPL, OGDC raise LPG base stock prices

LAHORE, June 5: PPL, OGDC and Pak Arab Refinery have increased LPG base stock prices to Rs63,250, Rs62,500 and Rs64,000 per ton respectively exclusive of duties and taxes.

As a result of this increase, LPG producer prices have increased by as much as Rs6,000 per ton in the country and have started hitting the poor again.

According to Belal Jabbar, a spokesman for the LPG Association of Pakistan, new sale prices of domestic and commercial LPG cylinders have increased from Rs1,240 to Rs1,310 and Rs4,767 to Rs5,040 respectively.

Moreover, retail rates are expected to increase as follows; Sindh and Balochistan Rs105, Punjab Rs110, Khyber Pakhtunkhwa Rs115 and AJK and Northern Areas Rs120 per kg.

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