The Oil and Gas Regulatory Authority (Ogra) has asked the LPG marketing companies to adhere to their licensing conditions and ensure that their dealers and distributors follow the procedures and price notifications.
The directive came following an almost 100 per cent surge in liquefied petroleum gas prices in the market. LPG prices have increased from about Rs120 a kg a few months ago to Rs200 and in some hilly areas to Rs250 with the advent of winter.
At a meeting between Ogra officials and representatives of LPG marketing companies on Wednesday, Ogra also asked the marketing companies to increase their sale points or certified distributors to facilitate the end-users and also to publish their respective prices for the convenience of general public.
An Ogra spokesperson said that under the existing laws, the Ogra could not directly fix LPG prices owing to deregulation of LPG business, but it can still intervene and take action under licencing rules against the companies involved in black-marketing of the product.
