Abstract: A liquid pressure reducing regulator having a pressure receiving means in liquid communication with the liquid inlet passage, upon which a liquid in the liquid inlet passage can exert a balancing force, and a means for communicating the balancing force to the diaphragm opposing an overpressure force exerted by the inlet liquid on the pressure control diaphragm. The liquid pressure regulator typically employs a balancing piston that can transfer pressure fluctuations in the flow outlet into an equal and opposite force on the valve plug, and results in a net force of zero in the diaphragm plate. As a result, changes in the liquid pressure downstream of the valve plug only nominally, and typically negligibly, affect the upstream control of the liquid product.