AIRLINK 196.20 Increased By ▲ 4.36 (2.27%)
BOP 10.16 Increased By ▲ 0.29 (2.94%)
CNERGY 7.92 Increased By ▲ 0.25 (3.26%)
FCCL 38.30 Increased By ▲ 0.44 (1.16%)
FFL 15.90 Increased By ▲ 0.14 (0.89%)
FLYNG 25.44 Increased By ▲ 0.13 (0.51%)
HUBC 130.65 Increased By ▲ 0.48 (0.37%)
HUMNL 13.79 Increased By ▲ 0.20 (1.47%)
KEL 4.66 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.38 Increased By ▲ 0.17 (2.74%)
MLCF 44.95 Increased By ▲ 0.66 (1.49%)
OGDC 209.79 Increased By ▲ 2.92 (1.41%)
PACE 6.68 Increased By ▲ 0.12 (1.83%)
PAEL 41.05 Increased By ▲ 0.50 (1.23%)
PIAHCLA 17.75 Increased By ▲ 0.16 (0.91%)
PIBTL 8.13 Increased By ▲ 0.06 (0.74%)
POWER 9.38 Increased By ▲ 0.14 (1.52%)
PPL 180.99 Increased By ▲ 2.43 (1.36%)
PRL 40.00 Increased By ▲ 0.92 (2.35%)
PTC 24.41 Increased By ▲ 0.27 (1.12%)
SEARL 111.75 Increased By ▲ 3.90 (3.62%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 38.17 Decreased By ▼ -0.94 (-2.4%)
SYM 19.22 Increased By ▲ 0.10 (0.52%)
TELE 8.75 Increased By ▲ 0.15 (1.74%)
TPLP 12.10 Decreased By ▼ -0.27 (-2.18%)
TRG 66.00 Decreased By ▼ -0.01 (-0.02%)
WAVESAPP 12.29 Decreased By ▼ -0.49 (-3.83%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.99 Increased By ▲ 0.04 (1.01%)
BR100 12,090 Increased By 159.6 (1.34%)
BR30 35,982 Increased By 322.6 (0.9%)
KSE100 114,866 Increased By 1659.2 (1.47%)
KSE30 36,099 Increased By 534 (1.5%)

The LPG Association of Pakistan (LPGAP) has expressed grave concern over baseless propaganda of so-called LPG distributors and urged Oil and Gas Regulatory Authority (OGRA) to restart the registration process of LPG distributors. A spokesman of the LPGAP Belal Jabbar said here on Monday that LPG marketing companies did not raise the LPG price as was being claimed by the distributors.
He said there exists no problem with regard to supply of LPG in the country, as 2,500 tonnes of LPG had already arrived at the Engro Vopak terminal in Karachi ahead of Ramazan while two more consignment of 2,500 tonnes each of LPG is expected to arrive till 2nd week of August.
He said that LPG marketing companies operate within strict regulations as stipulated by OGRA and submit daily, weekly and monthly price notifications to both the Ministry of Petroleum and OGRA. However, he said that negative impression is being created by the so-called representatives of LPG distributors. He added that these elements are not real representatives of the distributors and they have been creating misunderstanding between distributors and marketing companies.
The LPGAP spokesman Belal Jabbar said that majority of the distributors are ready for registration provided the OGRA should fix a reasonable fee of registration adding that a very small section of distributors is against the registration and they had no investment in the business. He said that OGRA should maintain check-and-balance system on the distributors because they are selling both local and imported LPG on the same price. At present, there is no check and balance on distributors who continue to make exorbitant margins at the expense of the consumer. He also said that LPG companies cannot be held responsible for the actions of the distributors.

Copyright Business Recorder, 2011

Comments

Comments are closed.