Liquefied petroleum gas (LPG) prices have surged to twice the official rate in Pakistan’s open market. The shortage has intensified amid disruptions linked to the ongoing US-Iran war.
The Oil and Gas Regulatory Authority (OGRA) has increased the official LPG price for November. Consequently, consumers face higher costs as suppliers struggle to maintain adequate stocks.
OGRA Announces Fresh LPG Price Increase
OGRA notified an LPG price of Rs294,075 per tonne for November, compared with Rs279,341 in October. The increase pushed the official price to Rs294 per kilogramme.
Meanwhile, the official price of an 11.8kg domestic cylinder has reached Rs3,470. This represents an increase of Rs173 compared with the previous month.
However, open-market sellers are charging up to Rs630 per kilogramme. Company-operated franchises are selling LPG for approximately Rs400 per kilogramme.
LPG Distributors Association of Pakistan Chairman Irfan Khokhar said the shortage had created a serious situation. He claimed that Iran supplied around 70 percent of Pakistan’s imported LPG, while local production covered 30 percent.
LPG Companies Threaten Nationwide Strike
Meanwhile, LPG marketing companies have threatened to suspend operations from November 16. They oppose proposed government policy changes that could sideline private-sector businesses.
Pakistan LPG Marketers Association Chairman Ali Haider demanded complete deregulation of the LPG sector. He also criticised the government’s proposed policy for excluding private-sector input.
The association argued that state-owned companies had failed to ensure sufficient imports despite collecting billions through petroleum development levies. It urged authorities to address supply disruptions and prevent further market manipulation.
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