ISLAMABAD: Economic Coordination Committee (ECC) has approved to
impose levy of Rs 10 to Rs12 per kilogram on indigenous production of
liquid petroleum gas (LPG).
The meeting of ECC was held under
the chairmanship of Federal Minister for Finance Abdul Hafeez Sheikh,
which discussed LPG policy for 2011. The meeting decided that levy
would be imposed on local production of 100 dollar to 120 dollar per
ton.
Under new policy OGRA would issue licenses to the LPG
marketing companies on provincial basis within a year time. The
licenses of those companies would be cancelled, which supply more than
five ton per day. OGRA will talk to the companies for bringing vehicles
on LPG and establishing LPG filling stations
The committee also
approved the distribution of gas purchased from Iran between Sui
Southern and Sui Northern companies. The committee also approved to
import 75,000 ton urea fertilizers. Online
