PM unveils transparent mechanism for allocating LPG quotas
https://www.dawn.com/news/2042211
The Pakistani prime minister unveiled a transparent system for allocating liquefied petroleum gas (LPG) quotas on Wednesday, extending a fuel subsidy scheme until December. During a cabinet meeting, Prime Minister Shehbaz Sharif transferred the powers of the Khyber Pakhtunkhwa chief minister to Governor Faisal Karim Kundi, who would oversee day-to-day administration during the province's state of emergency.
The new LPG allocation system involves competitive auctions for locally produced LPG and imposes requirements on importing companies. This move aims to break the decades-long monopoly in the sector and generate revenue for subsidies and relief to citizens. The prime minister did not attribute the LPG crisis solely to the closure of the Iran-Pakistan border, instead citing high international petroleum prices and difficulties in sea routes as primary causes.
To address winter shortages, the government held daily meetings to review energy needs and contingency plans. The prime minister also highlighted the successful defense cooperation agreement with Kuwait, signed in 2023, which strengthens institutional links between the armed forces of the two nations. Recent diplomatic activity included Pakistani delegations' visits to Tehran, Field Marshal Asim Munir's trip, and visits by the Saudi defense minister and Turkish official Ibrahim Kalin.
The government aims to ease regional tensions and promote cooperation under a proposed trilateral arrangement involving Pakistan, Turkey, and Saudi Arabia.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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