Lahore, August 21, 2018 (PPI-OT): Chairman LPG Industries Association of Pakistan and LPG Distributors Association Pakistan told that poor LPG consumers received 3rd gift of Eid. LPG prices increased unreasonably by Rs. 5/KG, Rs. 60/Domestic Cylinder and Rs. 120/Commercial Cylinder. Local LPG Producer have become Gas Mafia. 95% locally produced LPG is being sold at imported rates. Prices increased without any notification from OGRA, more increase is expected. LPG Local Producers have failed the Govt. LPG Distributors Association Pakistan demands to set local producer price at Rs. 30000/MT as was decided in LPG POLICY 2016.
Shortage of 13000MT per month have been created due to seizure of JJVL which costs Rs. 2430 million to govt. and SSGC and Rs. 472 million against taxes. LPG Distributors Association Pakistan demands to resume JJVL at all cost to eliminate the gap. Poor LPG Consumers are bearing the excessive margins.
Total local LPG Production should be divided among all LPG Marketing Companies on merit basis and condition to add 50% imported LPG in locally produced LPG and then giving one rate for LPG Consumers should be imposed. It is important to control LPG Mafia now. If LPG prices do not get controlled, LPG Distributors will go on strike and all business activities will be stopped from Khyber to Karachi on 5 September, 2018. LPG Consumer prices are as:
Karachi @ RS. 150/KG, Lahore, Gujranwala, Gujrat @ Rs. 160/KG, Jhelum, Sahiwal, Faisalabad, Bahawalpur, Multan, Raheem Yar Khan, Rajanpur, Dera Ismail Khan, Swat, Sialkot @ RS. 175/KG, Murree, Nathia Galli, Balakot @ RS. 185/KG, AJK, Gilgit, Baltistan and in other Northern Areas @ Rs. 205/KG.
For more information, contact:
LPG Industries Association of Pakistan
2-C, Block C, Model Town, Lahore, Pakistan
Cell: +92-300-8451211, +92-302-8451211
Category: General Business News