EnergyQuick read

Pakistan LPG shortage worsens after border closure, traders say

BUSINESS RECORDER • • 1 min read

Pakistan LPG shortage worsens after border closure, traders say

Business Recorder reported on October 23 that traders are facing worsening LPG shortages after the Gabd-Rimdan and Taftan crossings with Iran were shut on October 17. The stoppage interrupted imports from Iran, which supplies Pakistan with about 7,000 metric tons of LPG daily, according to the Pakistan LPG Association. Gabd-Rimdan reopened on Wednesday for Pakistani shipments of perishable goods, but LPG tankers remained among the trucks stranded at the border.

Traders said a 12 kg cylinder had climbed to 7,000 rupees from 4,500 within days. Reported prices varied by location, reaching 7,500 rupees in Lahore and 8,200 rupees in Skardu, while a Lahore resident said his per-kilogram cost had doubled or more to 500-600 rupees. The Quetta Chamber of Commerce and Industry advised members to pause fresh orders from Iran, and the LPG association’s chairman warned that supply problems and price increases could deepen.

Pakistan and Iran have given different explanations for the crossing closures, with Pakistani officials citing security and anti-smuggling concerns and Iran pointing to technical issues. Iran’s foreign ministry said discussions on restoring trade were in progress, while Pakistan’s army chief also raised border matters with Iranian leaders during a visit to Tehran.

At a glance

  • Iranian border closures interrupted LPG imports into Pakistan.
  • Traders reported a 12 kg cylinder price of 7,000 rupees.
  • Iran said talks about restarting trade were underway.
Sectors:Oil & Gas Marketing Companies

Originally reported by BUSINESS RECORDER

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Your market watch, portfolio and news desk in one app.

Follow live PSX prices, track holdings, read business news, and keep your watchlist close before the market moves.

Investify app live PSX stock list on iPhone