Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

LPG distributors see gas shortage in winter after 5% tax

byCT Report
23/08/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The liquefied petroleum gas distributors Tuesday showed their concerns over the shortage of gas in the upcoming winter season after the imposition of 5.5 per cent Advance Tax on import of the commodity.

Liquefied Petroleum Gas Distributors Association Pakistan Chairman, while talking to the state-owned news agency, said that the LPG demand will increase in the coming winter season and we are afraid of the LPG shortfall which can lead to worst crisis in the country’s history. Approximately, he said, there would be the need of 300,000 metric tons of the gas to meet demand of the commodity in the winter season from September to February.

You might also like

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

PSO profit surges past Rs38bn in first nine months

29/04/2026

During the season, the chairman said, demand of LPG increased and supply shrinked rapidly, adding, “We need approximately 50,000 to 60,000 metric tons of gas per month to maintain the supply chain.” In last three years, he said overall supply and availability of LPG remained smooth across the country due to effective policies of the Pakistan Muslim League-Nawaz (PML-N) government. According to the data available on the website of Oil and Gas Regulatory Authority (OGRA), Khokhar said there was a huge import of LPG in last three years. “It is the highest import of gas in history of Pakistan.”

The chairman said he had suggested the OGRA chairperson in writing to withdraw the advance tax on import of LPG permanently or just for six months as it would help import of sufficient fuel and its availability at prescribed rates.

“LPG will be available at Rs 65 to 75 per kilogram (Rs 30 to 32 per liter) in the winter season,” he said. He also underlined the need for devising a policy allowing to set up a LPG dispensers at every Compress Natural Gas (CNG) station aimed at providing inexpensive fuel to consumers.

Related Stories

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Next Post

SECP okays rules of corporate governance for non-listed companies

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.