📌 Key Highlights & Quick Takeaways:
- A competitive LPG policy was launched in Karachi and global tenders were issued for procurement of LPG by state-owned energy companies.
- Industry sources said that tenders have been issued by government energy companies to import 70 thousand metric tons of LPG, the imported LP.
- Industry sources said that the arrival of imported LPG is expected to stabilize supply in winter and reduce the risk of shortage, increase s.
A competitive LPG policy was launched in Karachi and global tenders were issued for procurement of LPG by state-owned energy companies.
Industry sources said that tenders have been issued by government energy companies to import 70 thousand metric tons of LPG, the imported LPG ships will reach Pakistan in the next 2 weeks.
Industry sources said that the arrival of imported LPG is expected to stabilize supply in winter and reduce the risk of shortage, increase supply in the market under the competitive LPG policy and help eliminate black marketing.
He said that SLL, a subsidiary of Sui Southern, issued tenders for the purchase of LPG from the international spot market, 2 separate tenders of 20,000 and 50,000 metric tons have been issued for the purchase of LPG, PSO, Sui Southern and PARCO will also import LPG from the international market.
Industry sources said that according to the current global prices, imported LPG is estimated to reach Pakistan at Rs 450 per kg, with a small margin, imported LPG will be supplied to consumers at around Rs 460 per kg.
