📌 Key Highlights & Quick Takeaways:
- Lahore (Bureau Report): LPG could not be available at official rates across the country, prices could not be reduced despite the actions taken ag.
- On the other hand, the LPG Distributors Association has hoped to sell at the official price from next month, claiming that the pricing formula ha.
- According to the details, the consumption of LPG is increasing due to climate change and energy crisis, along with which the prices are also incr.
Lahore (Bureau Report): LPG could not be available at official rates across the country, prices could not be reduced despite the actions taken against the shopkeepers, while the costs of confiscation of LPG pumps were also charged from the consumers.
On the other hand, the LPG Distributors Association has hoped to sell at the official price from next month, claiming that the pricing formula has been settled with the government.
According to the details, the consumption of LPG is increasing due to climate change and energy crisis, along with which the prices are also increasing. In various cities of the country including Lahore, LPG is being sold at much higher prices than the official rates. Despite the actions taken against the vendors, it was not possible to supply gas to the consumers at the official price.
According to Ogra data, out of 411 LPG companies in the country, only 45 companies have local production quota, while more than 300 companies buy and sell LPG from the same companies. Due to this situation Ogra is trying to do away with quota system and introduce bidding system.
