Marketing companies reduced earlier yesterday the price of Liquefied Petroleum Gas (LPG) by Rs25 per kg, decreasing the price of domestic cylinder by Rs300 and commercial cylinder by Rs1,200.
After the price cut was announced, the LPG distributors’ association withdrew its decision to observe a strike on Monday (today).
According to the association, the companies reduced prices after immense pubic pressure and heavy fines imposed on them by the Oil and Gas Regulatory Authority.
“Ogra has assured us that it will continue its crackdown against the companies for raising LPG prices on their own,” association chief Irfan Khokhar said in a statement issued yesterday.
