LPG prices: OGRA told to consult stakeholders
Justice Ijazul Ahsan issued the notice on petitions challenging the recent reduction in LPG prices.
LAHORE:
The Lahore High Court (LHC) on Monday directed the Oil and Gas Regulatory Authority (Ogra) to hold a dialogue with various Liquefied Petroleum Gas (LPG) stakeholders, including the representatives of LPG marketing companies and distributors, to develop a consensus on a price for consumers. Justice Ijazul Ahsan issued the notice on petitions challenging the recent reduction in LPG prices. A deputy attorney general appeared before the court and sought more time to submit a reply on behalf of the federal government. The court accepted his request and put off the hearing till July 27. Some LPG marketing companies had filed petitions arguing that Ogra and the government had not consulted with them before reducing the price of LPG on June 6. They argued that the notification to cut the prices by Rs27 per kilogramme was taken in violation of rules and regulations. They sought a court stay-order against the notification.
Published in The Express Tribune, July 18th, 2012.
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