The price of liquefied petroleum gas (LPG) has been reduced by Rs48.77 to Rs229 per kg, reported 24NewsHD TV channel.
According to the notification issued by Oil and Gas Regulatory Authority (Ogra), the price of a domestic LPG cylinder has been reduced by Rs575.54 to Rs2,702.19.
The new LPG prices will be applicable for the month of April.
In the monthly review, OGRA announced to cut Rs 278 to Rs 229 per kg price and the new domestic cylinder of 11.
8 kg price has also reduced from Rs 3,278 to Rs 2,702.
Maximum LPG consumer price has been decreased by Rs 48,775 per MT from Rs 277,774 to Rs 228,999 per MT.
Similarly, the maximum producer price with 18% GST decreased by Rs 576 from Rs 2,790 to Rs 2,214.
The notification said LPG prices will be regulated with a maximum price at all levels of the supply chain. However, it added, producers, marketing companies and distributors may sell below the maximum price determined from time to time.
