Lahore (Commerce Desk): Ongoing conflicts in the Middle East and the closure of borders between Iran and Gulf nations have raised fears of an LPG shortage in the country. The OGRA has yet to announce LPG prices for March.
Sources indicate that if the conflict continues, a severe shortage could develop. Nationwide LPG consumption reaches approximately 7,000 metric tons daily, with the Lahore region alone using 1,400–1,500 metric tons per day. Local production is around 2,000–2,200 metric tons daily, and officially there is a 3–4 day stock, while private reserves can last longer.
Reports suggest that the black market mafia is already creating artificial shortages. In February, LPG was officially priced at Rs 226 per kg, but in the city it was being sold for Rs 300–320 per kg.
Irfan Khokhar stated that the war could worsen energy crises, allowing the mafia to manipulate prices through artificial shortages. He urged the government to take immediate measures, recommending the formation of special monitoring teams to protect the public from the potential crisis.
