A fresh wave of anxiety has swept across Pakistan as the price of Liquefied Petroleum Gas (LPG) skyrocketed by Rs 10 per kilogram, following the recent diplomatic tensions with neighboring Iran.
This surge in prices, effective January, has left both households and businesses grappling with the burden of inflated fuel costs. The official price for LPG currently stands at Rs 256 per kilogram, but a stark reality stares consumers in the face at the market.
Domestic cylinders, typically filled with 12 kg of gas, are now emptying wallets by Rs 120 more, costing around Rs 3,120. Commercial cylinders, significantly larger at 45 kg, are witnessing a staggering price hike of Rs 450, bringing their total cost to a hefty Rs 15,850.
LPG dealers are expressing frustration, highlighting that while they are often blamed for selling expensive LPG, the focus should be on the LPG mafia and marketing companies responsible for the surge.
Dealers argue that purchasing LPG at Rs 300 to Rs 310 and selling it at Rs 280 or Rs 290 is not a viable business model, and they are being unfairly criticized in the process. The price hike poses challenges for consumers and raises concerns about the unchecked influence of elements in the LPG market.