Liquefied Petroleum Gas (LPG) prices have increased once again, with the retail price crossing Rs400 per kilogram in several markets.
Although the government has fixed the official LPG price at Rs241 per kilogram, the fuel is being sold in the retail market at prices ranging from Rs400 to Rs430 per kilogram.
Residents expressed concern over the sharp increase, saying the rising prices are placing an unbearable burden on middle income households. They urged the authorities to ensure LPG is sold at the government approved rates and called for immediate action against overpricing.
LPG sold for Rs500 to Rs550 per kg
Earlier this month, reports showed that LPG was being sold for Rs500 to Rs550 per kg in several cities of South Punjab.
OGRA had said that only the authority can set official LPG prices across Pakistan. It further added that the local administrations are responsible for making sure the official rates are followed.
The regulator also issued show cause notices to nine LPG plants in Punjab and Sindh over overcharging. The plants were asked to submit a written reply within seven days.
OGRA launches crackdown
Recently, OGRA launched a crackdown on people and companies selling LPG above the official price.
As part of the operation, OGRA sealed six LPG plants in Rawalpindi for overcharging customers.
An OGRA spokesperson said that the authority is taking strict action against companies, dealers and LPG plants across Pakistan for breaking the rules and charging higher prices.
The spokesperson said that OGRA is committed to protecting consumers and will not allow illegal profiteering.
The authority added that the crackdown against LPG dealers and companies involved in overcharging will continue.
OGRA also said that it will make sure LPG is available across the country at government approved rates.
The spokesperson warned that companies, plants and dealers found violating the rules will face strict legal action.