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

Pakistan eyes $25m annual buffalo genetics exports to China

11/06/2026
FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

10/06/2026

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

Pakistan eyes $25m annual buffalo genetics exports to China

byCT Report
11/06/2026

ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Nepra cuts electricity price by Rs1.98 per unit under quarterly adjustment

byCT Report
09/06/2026

ISLAMABAD: Electricity prices across Pakistan have been reduced by Rs1.98 per unit, according to a notification issued by the National...

Pak-Italy trade witnesses over 18pc surplus in 10 months

byCT Report
08/06/2026

ISLAMABAD, Jun 8 (APP): Pakistan’s goods and services trade with Italy witnessed a surplus of 18.41 percent during the first...

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.