ISLAMABAD: The Liquefied Petroleum Gas (LPG) sector witnessed multi-fold growth during the past three years as its production crossed 1.918 million metric tonns (mmt) figure, imports reached 0.840 mmt and its sales were recorded at 2.559 mmt, Chairman, LPG Distributors Association Irfan Khokhar said Friday.
"Due to effective strategy of the current government, price and availability of the commodity remained better as compared to previous years, but there is a need to further streamline matters especially relating to LPG import," he said while talking to APP.
In the current winter season, he said the LPG price did not cross the Rs 100 per kilogram figure due the government strategy to bridge the gap between demand and supply of the commodity. Otherwise, earlier in this season LPG per kg price kept on fluctuating and even touched Rs 200 figure, he added.
During the last 12 months, around 1.2 mmt LPG was sold that generated Rs 42 billion revenues for the government, adding that the collection would reach Rs 100 billion this year.
Last year, he said, 532,918 mt LPG was imported and this year the association had the plan to import one mmt, stressing to formulate an LPG import policy to meet growing energy needs.
In 2014, the chairman said LPG production, imports and sales remained 440,115 mt, 82,117 mt, and 502,232 mt respectively, while the production stood at 829,509 mt, imports 245,578 mt and sales 875,087 mt in the year 2015.
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