The marketing companies continue to fleece the consumers by selling the liquefied petroleum gas (LPG) at record high Rs220 a kilo.
A delegation of the marketing companies had assured Federal Petroleum Minister Shahid Khaqan Abbasi the other day that the prices would be brought down but the gas was sold for Rs230 per kilo in some areas of Lahore on Thursday, said LPG Distributors Association chairman Irfan Khokhar.
Mr Khokhar alleged that the marketing companies were earning Rs100 million profit daily by black-marketing the LPG.
“The per kilo price of local producer is Rs60 while that of imported Rs75. With 17pc tax, the LPG costs Rs72 a kilo and after addition of Rs26 per kilo profit of both marketing and distribution companies, it should be sold for Rs95 a kilo.
“For the fourth time in a week, the marketing companies have increased the price of the LPG on the pretext of increase in demand because of low temperature,” he said.
