In a noteworthy development benefitting consumers, the cost of Liquified Petroleum Gas (LPG) has undergone a substantial reduction of Rs 20 per kilogram, resulting in a lowered price from Rs 300 to Rs 280 per kg. This reduction is poised to deliver considerable relief to households and businesses relying on LPG for various purposes.
Irfan Khokhar, Chairman of the LPG Distribution Association, made the announcement of the price cut, revealing that the cost of a domestic cylinder has now decreased by Rs 230, while commercial cylinders witness a substantial reduction of Rs 900. Khokhar hinted at the possibility of further price reductions within the next 48 hours, attributing the positive trend to the recent improvement in Pakistan-Iran relations. This diplomatic progress disrupts the plans of so-called “gas mafias,” as international LPG prices face uncertainties.
The reduction in LPG prices aligns with the government’s commitment to alleviating the impact of inflation on the general public. As consumers welcome this relief, attention now turns to whether the downward trend in LPG prices will persist in the coming days. Analysts speculate that these positive developments may have broader implications for the energy sector, potentially contributing to a more stable and affordable energy supply.
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Liquified Petroleum Gas (LPG) has undergone a substantial reduction of Rs 20 per kilogram
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