Govt moves to curb LPG hoarding ahead of winter
• Petroleum Division flags irregular lifting of imported LPG from terminals • Ogra asked to ensure supplies at notified prices, particularly in remote areas ISLAMABAD: The government has taken notice of the alleged hoarding of liquefied petroleum gas (LPG) to create an artificial shortage ahead of winter and directed all relevant federal and provincial agencies to take coordinated action. Consequently, the Oil and Gas Regulatory Authority (Ogra) is also reported to have directed provincial governments and federal authorities concerned with port operations and clearance to take swift corrective measures. The action followed reports that LPG was being sold in the market at almost 50 per cent higher rates (Rs5,000 per 11.8kg domestic cylinder) than the Rs3,296 notified by Ogra. “It has been reported through various sources that, although LPG importers are importing LPG as per indigenous LPG demand, the imported volumes do not appear to be regularly lifted from LPG import terminals, raising concerns regarding possible hoarding and the creation of an artificial shortage in the domestic market,” according to a Petroleum Division letter to …









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