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Surge in LPG import causes huge financial drain of state firms


Surge in LPG import causes huge financial drain of state firms
National
May 3, 2021
ISLAMABAD: The unprecedented increase in inflow of subsidized imported LPG through the port and Taftan border has inflicted huge losses to the national exchequer as the state-owned LPG producing companies are compelled to sell their produce at prices lower than those notified by OGRA to remain competitive.
This unfolded in two letters that OGRA wrote in a row to secretary petroleum Mian Asad Hayaud Din. The letters of January 29, 2021 and April 30, 2021 highlighted the disparity between LPG importers and local producers mentioning that the reduction of Petroleum Development Levy (PDL) and GST on the imported LPG has resulted into massive inflow of poor quality imported LPG through the port and Taftan border. ....

Mian Asad Hayaud , Shahid Salim Khan , Petroleum Division , Petroleum Development Levy , Salim Khan , Distribution Policy , ஷாஹித் சலீம் காந் , பெட்ரோலியம் பிரிவு , பெட்ரோலியம் வளர்ச்சி வசூல் செய்தல் , சலீம் காந் , விநியோகம் பாலிஸீ ,

OGDCL deplores 'unfair' treatment of domestic producers' LPG business - Newspaper


The OGDCL has reported to the government that serious challenges of LPG supply and uplifting are being faced by the domestic LPG producers. Reuters/File
ISLAMABAD: The state-run Oil and Gas Development Company Limited (OGDCL) has complained to the government over unfair treatment of liquefied petroleum gas (LPG) business of domestic producers against the imported commodity and demanded a level playing field.
The OGDCL has reported to the government that serious challenges of LPG supply and uplifting are being faced by the domestic LPG producers due to subsidised LPG imports and their requests over the last five months were not being heeded to. ....

Shahid Salim Khan , Pakistan Petroleum , Gas Development Company Limited , Petroleum Development Levy , Petroleum Secretary Mian Asad Hayau Ud Din , Director Shahid Salim Khan , Pakistan Petroleum Limited , Distribution Policy , ஷாஹித் சலீம் காந் , பாக்கிஸ்தான் பெட்ரோலியம் , வாயு வளர்ச்சி நிறுவனம் வரையறுக்கப்பட்டவை , பெட்ரோலியம் வளர்ச்சி வசூல் செய்தல் , பாக்கிஸ்தான் பெட்ரோலியம் வரையறுக்கப்பட்டவை , விநியோகம் பாலிஸீ ,