This latest revision marks the third in LPG
cylinder rates so far this year.
sector of Pakistan was playing an important role in economy by providing affordable and environment-friendly fuel to consumers.
This is not the first LPG
incident and would not be the last.
I fear LPG
crisis in the coming days, if concerns of LPG
importers regarding advance tax, regulatory duty, signature and premium bonus are not addressed immediately,' he said while talking to reporter.
The importing companies of LPG
held consultation as the imports were halted completely due to over burden of taxes.
In a meeting with Petroleum Division officials, LPG
importers demanded to withdraw regulatory duty on imported LPG
A department spokesman said that the adjustment on September 1, 2017, reflects the movement of the LPG
international price in August 2017.
The use of LPG
is dominant among non-commercial domestic consumers as well because LPG
serves as a great source of fuel in areas where the natural gas distribution network is not available, such as rural areas and villages.
The Philippines has yet to take advantage of the global LPG
prices had hit a record high in early February due to imposition of Petroleum Levy.
In June 2000, the Federal Government decided to deregulate the LPG
industry with a view to making it investor friendly, foster healthy competition, improve safety standards and ensure better consumer services.
Turkmenistan exports LPG
to Iran, Armenia, Afghanistan and Iraq.