ISLAMABAD: The third international conference for the promotion of liquefied petroleum gas (LPG) and reviewing its progress over the last four and a half years will be held in Lahore on Sunday (March 11).
“The day-long conference will pass three resolutions in order to make LPG imports more viable by waiving signature bonus/premium and regulatory duty, take drastic safety measures for the production of quality LPG cylinders and devise an effective strategy to promote the commodity in the automobile sector,” Irfan Khokhar, Chairperson of the All Pakistan LPG Distributors Association, which is organising the conference, said in a statement.
Khokhar said participants of the conference would deliberate on a host of issues including LPG import and production of substandard cylinders by illegal factories.
With the abolition of advance tax and regulatory duty and introduction of feasible LPG imports, the commodity would be cheaper than petrol and diesel by 55% and 65% respectively.
Among others, the conference will be attended by delegates from Pakistan and abroad including LPG importers, distributors, marketing companies, cylinder manufacturers and regulators besides senior officials of government departments.
Khokhar pointed out that the government had brought down and maintained LPG prices in the range of Rs80 to Rs100 per kg over the last four and a half years, which was earlier being sold at Rs350 to Rs400 per kg in different parts of the country.
Sales of the commodity reached 1.176 million tons in 2017 compared to just 502,232 tons in 2014.
Published in The Express Tribune, March 11th, 2018.
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