In a welcome move, the Oil and Gas Regulatory Authority (OGRA) has announced a massive drop in liquefied petroleum gas (LPG) prices for the month of May.

According to the Ogra notification, the price of LPG per kilogram has been reduced by Rs 11.88, taking the new price to Rs 238.46 per kilogram.

This reduction in LPG prices has resulted in a significant reduction of Rs 140.18 in the cost of a domestic LPG cylinder, which now stands at Rs 2,813.85. The move is expected to provide relief to households and commercial users who rely on LPG for cooking.

This decision is good news for consumers who rely on LPG for cooking and heating. OGRA's decision to reduce LPG prices is expected to ease the financial burden on households, especially amid current economic challenges.