LPG Hits Rs750 per Kg as Pakistan Reviews Pricing Policy Ahead of Winter

The government is considering changing the current monthly pricing system to a daily pricing mechanism. The move is being discussed amid concerns about rising winter demand, further price increases and possible hoarding.

Under the proposed system, LPG prices could be revised daily to reflect changes in market conditions more closely.

The price increase has raised concerns among residents of northern areas, where many households depend on LPG for their daily energy needs.

LPG Cylinder Prices Could Exceed Rs10,000

The sharp increase in LPG prices has raised fears that household gas cylinders could become even more expensive. If prices remain at current levels or increase further, some cylinders could cost more than Rs10,000.

The government is reviewing the pricing system ahead of winter, when gas demand usually rises. Officials are concerned that increased demand could lead to hoarding and further price hikes, adding to the financial burden on consumers.

LPG Importers Call for Changes to Pricing Formula

LPG importers have also called for a review of the existing pricing formula. They have suggested replacing the monthly pricing system with weekly or daily adjustments.

The proposed changes aim to bring LPG prices closer to current market rates. However, the government has not yet finalised the details of the new system or announced when it could be introduced.

The impact of the proposed changes on consumers and price stability will become clearer after the government makes a final decision.

For now, consumers in the northern areas continue to face high LPG prices, while the proposed changes to the pricing system remain under consideration.