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Amid gas shortage and black marketing, LPG has touched a historic high of Rs300 per kg across the country.
Although Ogra has set a fixed price of Rs204 per kg for LPG, the government owned SSGC has instead raised the price to Rs300 per kg, with home cylinder rates rising by Rs235 to Rs3,550 and commercial cylinder prices reaching a high of Rs13,620, or by Rs908.
While criticizing the Ogra, and SSGC over unabated overcharging of LPG, chairman LPG Association Irfan Khokhar said that in the ongoing crisis, the state-owned gas company has become a mafia, by making illegal profits of 0.1 million rupees per ton of LPG as 5,000 tons of LPG is sold in the country every day. The mafia and black marketers are minting millions. He again stressed on a thorough judicial inquiry into this highly serious matter.
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The Jamshoro Joint Venture Limited will terminate the mafia’s monopoly by securing production of 550 MT to 750 MT of LPG per day in the country, according to the head of the LPG Industries. Consumers may import LPG at a set government price. According to Irfan Khokhar, the country now produces only 2,000 metric tons of LPG, but its annual demand has surpassed 5,000 tons. As a result, 60% of the country is now dependent on imported LPG. According to Irfan Khokhar, LPG is now out of reach for most users because of its exorbitant costs.