LPG producers oppose further concessions to importers.

ISLAMABAD -- The local producers of liquefied petroleum gas (LPG) on Wednesday opposed to fresh concessions to the importers claiming that it will result in flooding of local market with cheap imported fuel.

The LPG Pricing Committee, which met under the chair of Secretary Petroleum Asad Hayauddin in the chair, noted that the LPG prices have crossed Rs151 per kg amid surging demand in the wake of heating requirements and low pipe gas pressure in several parts of the country.

For bridging the supply and demand gap the petroleum ministry proposed a cut in the sales tax by 2.5 per cent to 7.5pc on LPG imports and imposition of an additional petroleum levy (PL) on locally produced LPG.

Currently the PL at locally produced LPG was Rs4,669 per tonne and the proposal is to raise it to Rs6,175 per tonne.

However, the local LPG producers opposed the proposal saying it will result in extraordinary facilitation to importers at the expense of local industry.

The heads of Parco, OGDCL, PPL, SSGC-LPG, PSO, chairmen of LPG Association of Pakistan and All Pakistan LPG Distributors Association and secretary-general Consumers...