LPG stakeholders seek daily pricing amid soaring rates

ISLAMABAD: As liquefied petroleum gas (LPG) prices surge following the closure of the Rahimdad-250 border post, market stakeholders on Sunday urged the government to shift from monthly to weekly or daily pricing, in line with petroleum products, and delink rates from Saudi Aramco’s Contract Price (CP). The demand comes ahead of winter, when LPG consumption traditionally rises, increasing the risk of hoarding, blackmarketing and artificial price hikes, particularly in remote and hilly areas. Stakeholders say the LPG policy, unchanged for over a decade, no longer reflects market realities.…