The Ministry of Petroleum and Natural Resources has clarified that claims made by LPG association are not based on facts. It is the reaction of those who have thrived on LPG quota system thereby fleecing the general public by charging very high prices. In fact, the group has not let the competition in the business grow which has resulted in cartelisation.
As a matter of fact, by mere announcement of the new LPG policy by the government, the prices of household cylinder dropped by 56 rupees per cylinder. The new LPG policy is based on the principle of parity of price for local and imported LPG. This has taken away the market manipulation power of local LPG mafia.
The ultimate benefit of the price parity will go to general public who will not be the hostage to the monopoly of local LPG mafia. Companies with import based business will be very competitive thus saving the general public from clutches of LPG cartels. The government has intervened at a right time to take-over Pro-Gas terminal and has saved it from falling into the hands of a particular group.
With the given gas shortage issues, the government is striving to promote LPG as an alternative fuel and this can best be achieved through extensive network of SSGC and SNGPL. LPG business will be run by subsidiary of these companies on professional lines.-PR
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