OGRA regulates the LPG rate in Pakistan, with a slight change of 0.11 Rs per kg for December 2024. The LPG demand in Pakistan has surged due to increasing energy demand. The LPG rate remains at 254.30 Rs per Kg.
LPG Rate in Pakistan 25th December 2024
| LPG Volume | Old Price (PKR) | New Price (PKR) | Difference |
| LPG Rate Per Kg | 254.19 | 254.30 | 0.11 |
| Domestic Cylinder Rate ( 11.8 kg ) | 2,999.442 | 3000.74 | 1.298 |
| Commercial Cylinder Rate ( 45.4 kg ) | 11,540.226 | 11545.22 | 4.994 |
The Oil and Gas Regulatory Authority (OGRA) is responsible for overseeing the LPG sector, ensuring fair pricing. However, it struggles to secure official prices across the country, with small shopkeepers and dealers selling LPG at high rates, even in urban areas. The government has started cracking down on these sellers, but complaints persist, highlighting the need for more effective regulation.
Factors Affecting Pakistan’s LPG Prices
Crude Oil Prices and Gas Prices in Pakistan
• Crude oil prices significantly influence global LPG demand and supply.
• Geo-political factors like the Russia-Ukraine war can affect global crude oil supply and demand.
• Refining costs, which extract LPG and other products from crude oil, are a significant factor in gas prices.
• The demand for gas increases during winter, affecting the cost of oil products.
• Government policies and taxes significantly influence oil product prices in Pakistan.
• Governments introduce new taxes and policies to stabilize the country during political and economic crises.
Price Variations
• International Prices: Global crude oil and natural gas prices affect LPG imports, leading to fluctuating prices.
• Supply and Demand: Domestic production and consumption patterns influence local availability and pricing. Seasonal changes in demand, especially during winter, can increase prices.
• Transportation Costs: LPG travels more, making it more expensive in distant areas.
• Dealer Margins: High prices in distant regions due to dealers maintaining margins.
• Government Policies: Regulatory frameworks like taxes, subsidies, and import tariffs determine retail price. Changes can affect market stability and affordability.
Safety Measures for LPG Use
• Proper ventilation is crucial for LPG appliances to prevent gas build-up.
• Regular inspection of LPG connections and cylinders for leaks is recommended.
• Avoid using LPG appliances near open flames or sparks.
• Use stainless steel cylinders for storage, preferably outdoors.
• Avoid overfilling LPG cylinders beyond their recommended capacity.
• Have a fire extinguisher and first-aid kit near LPG appliances.
• Regular maintenance of cylinders and LPG appliances is essential.
• Teach children about the dangers of gas and its importance.
Conclusion
Pakistan’s LPG rate has increased by 0.11 Rs per kg, attributed to seasonal trends. Factors influencing LPG prices include global crude oil costs, refining expenses, supply-demand dynamics, government policies, distribution logistics, and regional variations. Urban areas benefit from better infrastructure and lower prices. To compete, the government introduced the Qeemat Punjab App and a dedicated helpline for reporting price overcharging.