The price of liquefied petroleum gas (LPG) has been raised by Rs3.68 per kilogram for February, bringing the new rate to Rs253.97 per kg. The increase was announced through a notification issued by the Oil and Gas Regulatory Authority (OGRA).
As a result of this price hike, the cost of an 11.8kg domestic LPG cylinder has risen by Rs43.52, bringing the total price to Rs2,996.88. The revised rates will be implemented nationwide starting February 1.
This increase in LPG prices is expected to put additional financial pressure on households, especially those relying on it for cooking and heating purposes. Many consumers already face challenges due to inflation and rising utility costs, and the latest price adjustment may further strain household budgets.
Industry analysts attribute the price surge to various factors, including fluctuations in international LPG prices, exchange rate variations, and supply chain disruptions. As Pakistan heavily depends on imported LPG to meet domestic demand, global market trends play a crucial role in determining local prices.
With winter still ongoing in many parts of the country, the demand for LPG remains high, as households in colder regions use it for heating. Consumers and small businesses reliant on LPG are likely to feel the impact of this latest price adjustment.
In response to the price hike, consumer advocacy groups have urged authorities to explore measures that could stabilize LPG prices and provide relief to low-income households. Suggestions include subsidizing LPG for essential domestic use or enhancing local production to reduce dependence on costly imports.
The government continues to monitor energy market trends, but further price adjustments may occur depending on international pricing dynamics. Households are advised to plan their expenses accordingly as energy costs continue to fluctuate.
