Liquefied petroleum gas prices have reached a record high in Karachi, creating serious problems for consumers.
Reports show that LPG is being sold at around Rs. 500 per kg, which is nearly Rs. 200 higher than the official rate set by authorities.
According to Abdul Hadi Khan, the main reasons behind this sharp increase are supply shortages and higher costs of purchasing the fuel.
He explained that limited availability in the market has pushed prices up, making it difficult for people to afford daily cooking and heating needs.
He also criticized the Oil and Gas Regulatory Authority, saying it has not been able to control overpricing by importers.
Due to weak regulation, distributors and sellers are charging much higher prices than officially allowed, adding extra burden on consumers.
This price hike has come at a time when the government recently announced a reduction of Rs. 80 per litre in petrol prices for one month.
The government also introduced relief measures for farmers and railway passengers to ease financial pressure. However, the rising cost of LPG is offsetting some of this relief, especially for households that rely heavily on gas cylinders.
The situation highlights ongoing challenges in managing fuel prices and supply in the country. Many consumers are now struggling to cope with the increased cost of basic energy needs.
Experts are calling for better regulation and improved supply management to stabilize LPG prices and protect consumers from further financial stress.