Tag: LPG

Smuggled Iranian LPG threatening local sector

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STAFF REPORT LHR: Terming smuggling or under-invoiced imports from Iran a threat to the organised liquefied petroleum gas (LPG) sector and public health in Pakistan, the LPG Marketing Association has said the supply chain operates on fixed margins after procurement from producers. "The price of LPG is determined by producers and not marketing companies. Technically, the government fixes the LPG rates as 63 per cent of the gas produced is sold by public sector companies," the…Read More