Govt assures public of meeting winter gas demand, hints at 'good news' for fuel prices
Petroleum Minister Ali Pervaiz Malik on Tuesday assured the public that the government will make utmost efforts to meet the demand for liquefied petroleum gas (LPG) during the winter months. His remarks come as LPG supply has been disrupted due to the closure of Iranian border crossings, resulting in gas cylinders being sold at twice the official rate in the open market. LPG is widely used for…
The Pakistani government has assured the public that it will make every effort to meet the increased demand for liquefied petroleum gas (LPG) during the winter months, despite disruptions caused by the closure of Iranian border crossings. Petroleum Minister Ali Pervaiz Malik addressed this issue at a press conference in Islamabad, stating that the government will bring in more fuel, even if it means purchasing the most expensive fuel for the piped network.
Additionally, LPG will be required for cooking and other needs by those without piped connections. Regarding fuel prices, Malik noted that there would be better news to come, as the latest reduction in petrol and diesel prices was made due to a lower international market. The government announced a new arrangement where oil refineries will contribute to the petroleum levy by bearing a cumulative impact of Rs15 billion for 30 days, allowing for a Rs14.71 reduction in petrol prices for consumers.
Malik also expressed concerns about the country's energy security architecture, regretting that no work had been done on fuel storage or refineries before the war. He emphasized that the government is working to rebuild the entire system from scratch, with Prime Minister Shehbaz Sharif spearheading the efforts.
Brief written by urgent.news from Dawn's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
