OGRA announces major reduction in LPG price

OGRA announces major reduction in LPG price
The Oil and Gas Regulatory Authority (OGRA)has announced a significant reduction in the prices of liquefied petroleum gas (LPG) for August.

OGRA has issued a formal notification of the reduction in LPG prices, according to which LPG has been reduced by Rs 17.73 per kilogram.
After this reduction, the new price of LPG per kilogram has been fixed at Rs 215.37.
According to the notification, the price of an 11.8-kilogram domestic cylinder has been reduced by Rs 209.24, after which the new price of the cylinder has become Rs 2,541.
According to OGRA, the new prices will be applicable from August 1, 2025.

Read also: NAB KP initiated inquiries against alleged irregularities in two foreign funded projects

The National Accountability Bureau (NAB) Khyber Pakhtunkhwa has initiated formal inquiries into alleged corruption, financial irregularities and violations of rules in two foreign-funded mega projects of the province.

According to sources, several substantiated complaints of alleged financial irregularities in the Khyber Pakhtunkhwa Cities Improvement Project (KPCIP) and the Khyber Pakhtunkhwa Rural Accessibility Project (KP RAP) had been received.

NAB sources said that based on preliminary investigations and credible evidence, separate inquiries have now been initiated in both projects. The complaints have pointed out collusion between contractors and some government officials, serious violations of rules and non-transparent use of funds.

According to media reports, the urban development project “KP Cities Improvement Project” worth about Rs 97 billion was launched to develop basic local government infrastructure such as provision of clean drinking water, improvement of sewage system, solid waste management and urban transport in various cities of Khyber Pakhtunkhwa. The “Rural Accessibility Project” aims to improve roads and basic access infrastructure in rural areas.

According to NAB, both projects have been issued with a combination of loans from international financial institutions and government funding, while ensuring transparency in them is of utmost importance. Sources say that after verification of available evidence and complaints, both cases have been taken to the inquiry stage.

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