ISLAMABAD: The price of the Liquified Petroleum Gas (LPG) is likely to decrease by Rs 20 per kg following production from Makori field, next week.
“The Hungarian Oil and Gas Company, MOL is operator of the Tal Block in Kohat, which started production processing Tuesday from the field and 450 metric tonn LPG per day would land in market from next week,” the LPG distributor association’s chairman Irfan Khokhar told APP on Tuesday.
He opined the production from the plant, which was the third largest facility after PARCO and JJVL would augment supply, resulting in decreasing the commodity’s price by Rs 20 per kg.
He also has called upon the government to take notice of frequent raises in prices of the fuel to extend relief to consumers, adding the commodity had recently witnessed consecutive raises and described them illegal as the prices were jacked up without any notification of the Oil and Gas Regulatory Authority (OGRA), he added.
The government could promote the LPG as alternate fuel by encouraging opening of LPG auto gas stations, across the country, he added.
He said the LPG association would be fully co-operating with the government by presenting workable proposals to resolve issues for promoting LPG to extend immediate relief to consumers who were already faced with high prices of daily-use commodities.
“We have high hopes from government to take effective steps for provision of relief to common people by promoting the LPG and opening its filling stations, across the country,” he observed.
He said the Oil and Gas Regulatory Authority (OGRA) should play its role by taking action against the unethical forces in the LPG sector, that were extracting money through unjustified raises.
“The LPG is mainly used as burning fuel by the poor people of the remote areas and rising trend in its price would put extra burden on their pockets,” he observed.
He dispelled the impression regarding shortage of LPG, saying there was adequate stock available for masses’ requirements.