KARACHI: (Finance Reporter) – Liquefied petroleum gas (LPG) supplies from Iran have resumed through the Pakistan-Iran border, raising hopes of easing shortages in Karachi and other parts of the country and bringing potential relief to consumers, 24NewsHD TV reported.
More than 200 LPG tankers are expected to be cleared at the Gabd-Rimdan border, potentially releasing between 3,000 and 4,000 tonnes of LPG into the domestic market.
Market sources expect LPG prices to decline by Rs50 to Rs70 per kilogram as supplies improve, although the extent of any reduction will depend on market conditions and the pace of distribution.
The resumption of cross-border tanker movement, combined with the arrival of two LPG-carrying vessels a day earlier, is expected to strengthen the country’s overall supply position.
The border has reopened, and authorities have begun clearing tankers that had been stranded there, raising hopes that the ongoing shortage could ease in the coming days.
Imports through Port Qasim are also contributing to improved availability. According to port officials, a vessel carrying 4,520 tonnes of LPG has berthed at the port, while another ship carrying 3,083 tonnes has completed unloading and departed.
The additional supplies could help address shortages in the local market and ease pressure on household and commercial consumers who rely on LPG for cooking and other essential needs.
However, the expected price reduction remains dependent on the actual release of supplies, their transportation to local markets and subsequent changes in retail prices.
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