Liquefied Petroleum Gas (LPG) prices in Pakistan are expected to fall by up to Rs50 within the next one to two days after authorities allowed Iranian LPG tankers loaded by October 16 to enter the country, LPG Standing Committee Convener Ali Haider has said.
Haider said the arrival of around 900 tankers would improve domestic LPG supplies and help bring down prices. He added that consumers could begin seeing an immediate reduction within the next 24 hours.
The expected decline could provide relief to households, businesses and industries that rely on LPG for cooking, heating and other essential activities.
Iranian LPG Tankers Expected to Improve Supplies
According to Ali Haider, permission for Iranian LPG tankers to enter Pakistan is expected to increase the availability of the fuel in the domestic market.
He said the arrival of approximately 900 tankers could ease supply constraints and put downward pressure on prices.
However, the anticipated reduction of up to Rs50 remains an expectation expressed by the LPG industry representative, rather than a confirmed nationwide price revision.
The actual reduction consumers receive will depend on the arrival and distribution of supplies, market conditions and the prices charged by local distributors.
Pakistan Imports 22,000 Tonnes of LPG in October
Haider said Pakistan imported five LPG cargo ships during October, bringing total imports for the month to approximately 22,000 tonnes.
He highlighted the country’s substantial demand for the fuel, saying daily LPG demand across Pakistan stands at 12,000 to 13,000 tonnes.
Karachi alone accounts for an estimated daily demand of 4,000 to 5,000 tonnes, making the city a major consumption centre.
The figures underscore the importance of maintaining regular supplies to meet household and commercial requirements.
LPG is widely used in areas where natural gas is unavailable or where consumers rely on cylinders and other LPG-based systems. Changes in its price can therefore have a direct impact on household budgets and business operating costs.
Read more: Pakistan Cuts Petrol Price by Rs1.60, Raises Diesel by Rs1.64 Per Litre
LPG Industry Calls for Weekly Price Reviews
The LPG Standing Committee convener also criticised the Oil and Gas Regulatory Authority’s (OGRA) formula for determining LPG prices.
Haider argued that prices should be reviewed weekly rather than monthly to reflect changing market conditions more quickly.
He suggested that more frequent adjustments could help the pricing mechanism respond to fluctuations in supply and demand.
The proposal comes as the LPG sector anticipates improved availability following permission for the Iranian tankers to enter Pakistan.
Karachi’s Commercial and Industrial Sectors Depend on LPG
Haider said the commercial sector accounts for around 40 per cent of Karachi’s total LPG consumption, while industry uses approximately 30 per cent.
The figures highlight LPG’s importance beyond household cooking, particularly for commercial establishments and industrial operations that depend on the fuel.
A reduction in LPG prices could help lower operating expenses for businesses and provide some relief to consumers facing high energy costs.
However, the extent of any wider economic benefit will depend on how quickly additional supplies reach the market and whether lower wholesale prices translate into reductions at the retail level.
