LAHORE: The Liquefied Petroleum Gas Association of Pakistan (LPGAP) has sought an appointment from the Standing Committee of the National Assembly on Petroleum and Natural Resources to clear its stance on the LPG Policy 2011.
The government will suffer an annual loss of Rs4 billion due to implementation of the LPG Policy 2011, the association said in its letter sent to the NA body.
The association also wants to suggest increasing the domestic production of LPG by 60 percent and demand curbs on its smuggling from Iran.
LPGAP said that the Oil and Gas Regulatory Authority Chairman and the Minister for Petroleum did not give them appointment to hear the viewpoint of the industry on the LPG Policy 2011.
The association said that it wants to present its findings on how to make LPG affordable, how to ensure its availability in remote areas at reasonable price, and how to maximize returns for the government on its investment in the LPG sector.
The letter further states that the association wants to explain the reasons why LPG distributors are not being brought into the regulatory ambit of OGRA, how a Public sector utility company is facing pressure to takeover a bankrupt company and what the result would be for the utility company?
LPGAP said that on September 27, Irfan Khokar gave a briefing to the members of the NA Committee on the alleged amassing of billions of rupees by the LPG marketing companies; a claim that remains unsubstantiated.
“Khokar does not hold a distribution agency of any LPG marketing Company, was dismissed from the Federal Investigation Agency on charges of malpractice, was also dismissed from a leading LPG marketing company on charges of fraud, his cheques, presented to the same company in lieu of money owed were dishonoured,” the letter said.
The association said that the Lahore High Court has suspended the main features of the LPG Policy 2011, including imposition of petroleum levy, compulsory import of LPG by the marketing companies and preferential treatment to public sector companies for allotment of LPG.
LPGAP pointed out that the progress made on the auto-gas through notifications made by OGRA notifications on safety standards conforming to NFPA-58, have been abandoned and now, once again, OGRA, at its discretion, will prescribe new standards which are unspecified.
The government will suffer an annual loss of Rs4 billion due to implementation of the LPG Policy 2011, the association said in its letter sent to the NA body.
The association also wants to suggest increasing the domestic production of LPG by 60 percent and demand curbs on its smuggling from Iran.
LPGAP said that the Oil and Gas Regulatory Authority Chairman and the Minister for Petroleum did not give them appointment to hear the viewpoint of the industry on the LPG Policy 2011.
The association said that it wants to present its findings on how to make LPG affordable, how to ensure its availability in remote areas at reasonable price, and how to maximize returns for the government on its investment in the LPG sector.
The letter further states that the association wants to explain the reasons why LPG distributors are not being brought into the regulatory ambit of OGRA, how a Public sector utility company is facing pressure to takeover a bankrupt company and what the result would be for the utility company?
LPGAP said that on September 27, Irfan Khokar gave a briefing to the members of the NA Committee on the alleged amassing of billions of rupees by the LPG marketing companies; a claim that remains unsubstantiated.
“Khokar does not hold a distribution agency of any LPG marketing Company, was dismissed from the Federal Investigation Agency on charges of malpractice, was also dismissed from a leading LPG marketing company on charges of fraud, his cheques, presented to the same company in lieu of money owed were dishonoured,” the letter said.
The association said that the Lahore High Court has suspended the main features of the LPG Policy 2011, including imposition of petroleum levy, compulsory import of LPG by the marketing companies and preferential treatment to public sector companies for allotment of LPG.
LPGAP pointed out that the progress made on the auto-gas through notifications made by OGRA notifications on safety standards conforming to NFPA-58, have been abandoned and now, once again, OGRA, at its discretion, will prescribe new standards which are unspecified.
The News International ........Oct 08,2011.