Lahore, December 12, 2017 (PPI-OT):Chairman/Founder of LPG Industries Association of Pakistan (LPG Chamber of Pakistan) and Chairman LPG Distributors Association Pakistan, Mr. Irfan Khokhar told about the 3rd gift of winters which have been delivered to poor people of Pakistan in shape of LPG consumer price hike of Rs. 10/kg after which domestic cylinder price increased to Rs. 120 and commercial cylinder to Rs. 400 after implementation of Regulatory Duty on LPG Import, more increase is to be expected in coming days if regulatory duty on LPG import does not end.
LPG consumer price in Sakardu hiked to Rs. 200/kg. Levy tax on locally produced LPG was implemented to subsidize LPG importers for the sake of poor LPG consumers of Pakistan. Exploitation of poor consumers on its peak after this regulatory duty. Irfan Khokhar demanded to end Signature Bonus and Premium Bonus on LPG. In 2014, 62117MT was imported to fulfill the demand of 440115MT which increased in 2015, 245578MT was imported to fill demand of 875087MT which further increased in 2016 to 513788MT for consumption of 1164706MT and in 9 months of 2017. 331830MT have been imported to fill the consumption of 852547MT.
Irfan Khokhar further told that only 30 LPG marketing companies have local LPG quota and 114 out of 144 LPG Marketing companies are totally depending on imported LPG. He appealed to Mr. Shahid Khaqan Abbasi, Prime Minister of Pakistan to take notice and end this regulatory duty on LPG import so that poor consumer can be provided with economic substitute of Petrol/Diesel.
He told; according to his sources, LPG Marketing companies` meeting have adjourned in which LPG marketing companies have decided not to accept any new tax and go in court against this decision of regulatory duty on LPG import. Irfan said “If importer stop importing LPG, I’m afraid LPG consumer price will hike to Rs. 300/kg.” he also confirmed that no alteration in plan have done regarding Crackdown against regulatory duty on LPG import. LPG Distributors Association Pakistan will go on strike against this decision on 10th January, 2018.
For more information, contact:
LPG Industries Association of Pakistan
2-C, Block C, Model Town, Lahore, Pakistan
Cell: +92-300-8451211, +92-302-8451211