Hascol Petroleum Limited launched Pakistan's first LPG Autogas Station at Shahrah-e-Faisal, Karachi. This is one of the key steps taken by Hascol to make sure that LPG becomes the fuel of choice in the coming years. Dr Asim Hussain, Federal Minister for Petroleum and Natural Resources was the chief guest. He said that with the LPG Policy 2012 to be released shortly, new policy changes suggested by Chairman Hascol will be incorporated.
Since the LPG Policy will be designed with careful inputs from all stakeholders, Dr Asim promised that the mistakes of the previous government will not be repeated as regards to the CNG policy and subsidies on duty and taxes is also underway on the import of LPG kits and equipment.
The Chairman Hascol, Mumtaz Hasan Khan detailed the audience about the plans envisaged by Hascol in the coming future. He assured that another 15 LPG stations are in the pipeline by the end of this year and another 200 during the next 5 years. He also asked the government for implementing policy changes to make sure that LPG stations proliferated within the lengths and breadths of Pakistan, which would in turn ask the local consumers to turn towards LPG for a cost-effective and environmentally friendly solution.-PR