Islamabad: The federal government has announced a reduction in the price of LPG, after which the new price has now been set at Rs 290 per kg. This move will provide partial relief to citizens, while consumers have demanded that LPG be sold at the rate of Rs 209 per kg set by OGRA so that real relief is possible.
According to sources, this price revision has been implemented after a review by the government and relevant institutions. OGRA had already fixed the price of LPG at Rs 209 per kg, but it could not be implemented in practice in the market.
Experts also said that if the rates fixed by OGRA are fully implemented, the impact of illegal profiteers in the market will be reduced and fuel will be available to consumers at transparent rates.
The reduction in LPG price is also positive news for the industrial sector, as many factories and small businesses use LPG as a primary source of energy. Experts have asked the government to keep a constant watch on prices and provide fuel to consumers at fixed rates.
According to official sources, the price of Rs 290 per kg will provide immediate relief to the citizens, but for a long-term solution, it is necessary to maintain a balance between local production, imports and market supply.
According to experts, the implementation of OGRA rates and transparency in the market will restore public confidence and prevent unjustified price hikes.
