The Liquefied Petrolium Gas (LPG) price is likely to be reduced by Rs 17.50/ Kg.
According to the All Pakistan LPG Distributers Association, prices of domestic-usage and commercial-usage cylinders will lessen by Rs. 206 and Rs. 795 respectively.
Manufacturing cost of the LPG, in the international market, is reduced by Rs. 61,000 per ton while that in local market by more than Rs. 66,000 per ton.
The official announcement is likely to be made in two days.
Chairman of LPG Distributor’s Association Irfan Khorkhar hailed the decline in the price by saying that it will be beneficial.