PSO, SSGC to set LPG prices instead of OGRA

Pakistan’s government has assigned PSO and SSGC the task of setting LPG cylinder prices nationwide, taking that responsibility away from OGRA, Mettis Global reported on November 10. The change follows approval of a wider restructuring of the LPG market, which officials say is intended to tackle supply gaps, high prices and suspected manipulation.

The two state-owned companies are also expected to import LPG and use import costs to establish a pricing reference. Shipments have reportedly been ordered, with vessels due in Pakistan next week, while OGRA is expected to continue market oversight, auction supervision and compliance work. The arrangement’s impact will depend on transparent cost information, competitive auctions and effective monitoring.