The joint delegation of LPG Industry Association called on Mr. Nadeem Babar, Special Assistant to Prime Minister on Petroleum at Ministry of Energy Petroleum Division in this afternoon. The delegation included Chairman LPG Distributor Association, Chairman LPG Marketing Companies Association, LPG importer, Spokesperson and member of LPGAP.
The SPAM stated that the government would design the long-term liquefied petroleum gas (LPG) policy to increase the local production of LPG; price stability of LPG market while ensuring the uninterrupted supply/ availability of LPG in the country especially in winter season.
During the meeting, Mr. Babar said that the government would formulate the LPG pricing formula in such manner that it would eliminate disparity between locally produced and imported LPG for marketing companies and distributors as well as it would be beneficial for end consumer. SAPM also apprised the participants that the Division had instructed the LPG producers to maintain the buffer stocks to meet the requirements of LPG during offset price fluctuations.
The delegation thanked and appreciated the efforts of the Government to support the LPG industry.
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