BR100 Increased By (0.64%)
BR30 Increased By (0.68%)
KSE100 Increased By (0.54%)
KSE30 Increased By (0.62%)
AGHA 8.00 Increased By ▲ 0.03 (0.38%)
BECO 5.42 Increased By ▲ 0.01 (0.18%)
BML 65.61 Increased By ▲ 0.12 (0.18%)
BOP 36.10 Increased By ▲ 0.14 (0.39%)
CNERGY 9.69 Increased By ▲ 0.29 (3.09%)
CSIL 5.95 Increased By ▲ 0.01 (0.17%)
FCCL 55.88 Increased By ▲ 0.41 (0.74%)
FFL 17.58 Increased By ▲ 0.10 (0.57%)
FNEL 1.25 Increased By ▲ 0.01 (0.81%)
KEL 8.10 Increased By ▲ 0.16 (2.02%)
KOSM 6.13 Increased By ▲ 0.08 (1.32%)
LOTCHEM 31.46 Increased By ▲ 1.03 (3.38%)
MLCF 104.24 Increased By ▲ 1.47 (1.43%)
NBP 210.57 Increased By ▲ 0.90 (0.43%)
NCPL 60.16 Decreased By ▼ -0.14 (-0.23%)
NPL 68.49 Decreased By ▼ -0.36 (-0.52%)
OGDC 334.13 Increased By ▲ 0.58 (0.17%)
PACE 11.56 Decreased By ▼ -0.16 (-1.37%)
PAEL 45.03 Decreased By ▼ -0.04 (-0.09%)
PIBTL 17.97 Decreased By ▼ -0.05 (-0.28%)
PPL 236.55 Increased By ▲ 0.93 (0.39%)
PRL 42.07 Increased By ▲ 0.22 (0.53%)
PTC 70.99 Increased By ▲ 0.15 (0.21%)
SSGC 30.83 Decreased By ▼ -0.24 (-0.77%)
TBL 10.56 Decreased By ▼ -0.03 (-0.28%)
TELE 9.17 Increased By ▲ 0.17 (1.89%)
TPL 17.47 Decreased By ▼ -0.18 (-1.02%)
TPLP 12.62 Decreased By ▼ -0.05 (-0.39%)
TREET 24.73 Decreased By ▼ -0.07 (-0.28%)
TRG 65.58 Increased By ▲ 0.41 (0.63%)

KARACHI: Chairman of the Karachi LPG Distributors Alliance, Imran Farooqi, has expressed serious concern over the sudden and significant increase in LPG prices across the country.

He stated that while the retail price of LPG in many areas was around Rs300 per kilogram the other day, it had now risen to more than Rs400 per kilogram.

He said that according to information received from the LPG sector, importers and some LPG plant owners have significantly increased prices by citing the current situation in Iran as justification.

As a result, the financial burden was being directly passed on to the consumers.

Imran Farooqi warned that if the relevant authorities failed to intervene immediately, the retail price of the LPG could rise to Rs450–500 per kilogram within the next two to three days.

He noted that such an increase would severely affect household consumers, the hotel industry, small businesses, and commercial users.

He urged the federal government, the Ministry of Petroleum, OGRA, and other relevant authorities to take immediate notice of the extraordinary price increase, conduct a transparent investigation into its causes, and take strict legal action against those responsible if profiteering, artificial shortages, or any other illegal practices were found.

He further said that ensuring affordable and uninterrupted supply of the LPG was the responsibility of the government.

Copyright Business Recorder, 2026

Comments

200 characters remaining