ISLAMABAD: Pakistan’s energy regulators offered token relief Tuesday, trimming liquefied petroleum gas (LPG) prices by 31 paisas per kilogram for May while granting electricity consumers a rare refund of 1 paisa per unit on March fuel charges.
As per the Oil and Gas Regulatory Authority (Ogra), new LPG consumer price has been fixed at Rs303.81 per kilogram for May, down from Rs304.12 in April.
The reduction translates to savings of Rs3.69 on an 11.8-kilogram domestic cylinder, now priced at Rs3,584.90, and Rs167.53 increase on a 45.4-kilogram commercial cylinder now pegged at Rs13,640.88. The new LPG prices took effect May 1.
LPG prices remain roughly 35 percent above pre-conflict levels after the federal government imposed a Rs924 hike on domestic cylinders in April, driven by a global price surge following U.S.-Israeli military action against Iran.
On the electricity front, the National Electric Power Regulatory Authority (Nepra) rejected a Central Power Purchasing Agency request to recover Rs0.2660 per unit from consumers, stemming from a shortfall between the March reference fuel cost of Rs7.9952 per unit and the actual cost of Rs8.2612. Instead, NEPRA directed distribution companies and K-Electric to refund consumers Rs0.01 per unit for March.
