The government on Friday reduced the prices of the Liquefied Petroleum Gas (LPG) by Rs6 per kilogramme in a bid to provide relief to domestic and commercial consumers.

Federal Minister for Information and Broadcasting said in a tweet that the price reduction was a new year’s gift for consumers.

“Following the health card, the government has reduced the price of LPG by up to Rs 6 per kg as a New Year's gift, which will directly benefit 72% of the country's population who are deprived of piped gas,” the minister said.

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He added that the coming year will see a sharp decline in energy and food prices.

The Oil and Gas Regulatory Authority (OGRA) has also notified new prices.

This is the second consecutive reduction in LPG prices in the last two months. Previously, the government had slashed the prices by Rs14.3 per kg for December.