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Measures to boost LPG supply presented

ISLAMABAD: The Petroleum Division has submitted a set of measures to improve the LPG supply position in the market. One of these measures is the disposal of locally produced LPG through a transparent and competitive process, while ensuring the availability of the product in far-flung and hilly areas in accordance with the LPG Policy 2016. The proposed mechanism aims to promote fair competition,…

Measures to boost LPG supply presented

The Petroleum Division has presented a series of measures to enhance the supply and distribution of LPG in Pakistan, according to a report from Business Recorder. The proposed solutions include the transparent and competitive disposal of locally produced LPG, with a focus on reaching rural and mountainous regions. This initiative aims to foster fair competition and transparency in allocation, ensuring upstream enterprises receive a fair return on their resources.

The Government has emphasized its commitment to market efficiency, consumer welfare, and equitable opportunities for all market participants. The matter is currently under judicial review, with the Government retaining the right to pursue legal options as necessary.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at brecorder.com →

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