Vendors Charge 50 Percent Above Govt LPG Rate in Major Cities

Consumers in Peshawar and Lahore are paying far above the government-set rate for liquefied petroleum gas (LPG), as authorities have taken no visible enforcement action.

Vendors in the provincial capital of KP are charging between Rs380 and Rs420 per kilogram, while sellers in the Fort City are demanding Rs450 to Rs460 per kilogram currently.

The official government-set rate for LPG stands at Rs304 per kilogram, meaning consumers are paying up to fifty percent more in open markets today.

Reports confirm similar pricing violations are being recorded in other major Pakistani cities, suggesting the problem extends well beyond these two regional centres.

Two state-run gas utilities in Pakistan seek steep tariff hikes for FY 2026‑27, as regulators weigh reducing allowances for unaccounted‑for‑gas losses charged to consumers.

As per the media reports, OGRA has scheduled public hearings in Lahore and Karachi on May 12 and 13 to review petitions from SNGPL and SSGCL for tariff adjustments.

SNGPL requests raising its prescribed tariff to Rs. 2,084 per mmBtu from Rs. 1,853, including LNG diversion costs, while SSGCL seeks steeper increases.

Hearings follow the postponement in April amid Middle East crisis-linked gas price uncertainty, with OGRA legally bound to finalize determinations 40 days before the June 30 deadline.

IMF commitments require timely biannual gas tariff notifications to contain circular debt, now exceeding Rs. 3 trillion, underscoring the urgency of the upcoming determinations of the regulator.

Consultant proposes gradual UFG allowance cuts, lowering benchmarks to 5.5% by FY 2031, with additional allowances for SNGPL and SSGCL reflecting local operational challenges.

Budget 2026-27Gas Prices Set to Rise Sharply Next Fiscal Year as OGRA Reviews TariffsBy Sabica Tahira|2 hours ago |2 min readGas prices in Pakistan are likely to see a significant increase in the upcoming fiscal year, as the Oil and Gas Regulatory Authority (OGRA) begins.

BusinessPakistan Trade Deficit Hits 46-Month High at $4 Billion in April 2026By Sabica Tahira|3 hours ago |2 min readPakistan recorded its highest monthly trade deficit in nearly four years, with the gap widening to $4 billion in April 2026 as imports continued to.

Budget 2026-27Budget 2026-27: Govt Plans Major Tax Relief for Auto SectorBy M Ali|3 hours ago |3 min readThe federal government of Pakistan has proposed sweeping tax and duty reductions for the automobile sector as part of an upcoming new auto policy and.

BusinessIMF Imposes Strict Conditions on Pakistan Sovereign Wealth FundBy Sabica Tahira|3 hours ago |2 min readThe International Monetary Fund has asked Pakistan to implement strict conditions for making its proposed Sovereign Wealth Fund (SWF) fully operational, including key legal amendments through Parliament..