Overview
- Supply cuts, which surfaced on Wednesday, have reduced LPG flows from Iran, Oman and Iraq after the Iranian border was closed and regional shipping risks rose near the Strait of Hormuz.
- The Oil and Gas Regulatory Authority fixed domestic LPG at Rs279.34 per kilogram while retailers in cities such as Hyderabad are charging roughly Rs550–Rs580 per kilogram and cylinders are selling for more than twice the notified price.
- Hyderabad's daily LPG demand has topped 50 tonnes as households and small businesses switch from unreliable piped gas supplied by Sui Southern Gas Company, prompting local protests and disputes at retail points.
- Petroleum Minister Ali Pervaiz Malik said the federal government will import LPG directly, pursue legal action to lift stay orders that have blocked lower-priced supplies, and use enforcement teams to target profiteers with an expected price easing in two to three days.
- Pakistan imports about 70% of its LPG, with Iran supplying roughly half of those imports, so prolonged border or shipping closures could keep prices elevated and push up costs for cooking, transport and food nationwide.