Liquefied petroleum gas prices in Pakistan have surged significantly, with costs in certain regions of Khyber Pakhtunkhwa climbing to 750 rupees per kilogram and cylinder prices surpassing 10,000 rupees. This supply crisis, which has worsened over the last week, is largely attributed to the closure of the Taftan border resulting from geopolitical tensions between Iran and the United States. Although the Oil and Gas Regulatory Authority is aware of widespread profiteering, it has delayed enforcement measures. Officials are concerned that initiating a crackdown against sellers could lead to labor strikes and further interrupt the national energy supply. Currently, Pakistan relies on imports for approximately 70 percent of its LPG needs, leaving the domestic market highly vulnerable to international trade disruptions.
Source : The Express Tribune
Photo : The Express Tribune
