LPG sellers hike prices ahead of winter season
Business
It is being sold between Rs280 and Rs300 per kg
(Web Desk) - As winter is just round the corner, Liquefied Petroleum Gas (LPG) prices have surged, with rates higher than those fixed by the Oil and Gas Regulatory Authority (OGRA).
Despite OGRA’s measures to regulate pricing, reports suggest that some in the LPG market have exploited rising seasonal demand, pushing prices well above approved limits and placing a heavy financial strain on consumers.
According to OGRA’s official notification, the price of LPG per kilogram is capped at Rs 251.30. However, sources revealed that in many urban areas, LPG is being sold for as high as Rs 280 to Rs 300 per kilogram.
This blatant price increase has raised questions about the authority’s ability to enforce its regulations, with citizens increasingly frustrated by the lack of oversight, said sources.
They said that there is hardly any availability of LPG at the official rates, putting those with limited resources in a challenging situation as they struggle to afford the inflated prices.
As colder months approach, demand for LPG typically increases, and without proper regulation, consumers are forced to pay exorbitant prices.
