The Oil and Gas Regulatory Authority (OGRA) has announced a price hike for liquefied petroleum gas (LPG) for December, making domestic use slightly more expensive.
According to a notification issued by OGRA for December, the new price of LPG has been set at Rs254.30 per kilogramme, marking a marginal increase from last month. Consequently, the cost of an 11.8kg domestic LPG cylinder now stands at Rs3,000.79, up by Rs1.32 compared to November’s price of Rs2,999.47.
Meanwhile, on Friday, it was revealed that Sindh has discovered huge oil and gas reserves in record time from the Pateji-X1 well in Sujawal district, marking one of the fastest exploration-to-production timelines in Pakistan’s energy history.
The discovery, made in the Shah Bandar Block, was identified at a depth of 2,475 meters in October, and production began in November. The well is expected to produce 12.4 million standard cubic feet of gas per day and approximately 196 barrels of crude oil daily.