LAHORE: The government has been urged to take measures for halting smuggling of adulterated liquefied petroleum gas (LPG), which is causing mammoth loss to the national exchequer.
According to a statement, LPG Association Chairman Farooq Iftikhar the LPG sector of Pakistan wanted to play its due role for economic stability of the country but first of all the government would have to resolve the issues of this important sector on priority basis.
He said there is no institution or law that ensures checking of LPG quality imported into the country, adding that substantial quantity of low quality LPG is available in the market because of huge fall in CP price of LPG and the government’s delay to match the price of the local product accordingly.
Farooq appreciated the government for reducing LPG prices recently, but said the prices must be reduced by another Rs5000/MT to discourage low quality imports. He said that LPG imported thorough sea port costs around Rs65000/MT whereas the price of local produced varies from Rs68000/MT to Rs69000/ MT, adding that 16000 MT of LPG was imported into Pakistan in February and 10000 MT or more is expected within March.
