Govt to auction 90% of locally produced LPG

Summary

• ISLAMABAD: The government has decided to sell 90 per cent of locally produced liquefied petroleum gas (LPG) through a transparent auction system to ensure fair distribution and provide equal opportunities to eligible companies.
• He said the new auction mechanism would help ensure the fair distribution of LPG, improve transparency and strengthen the country’s supply chain.
• Through the new arrangement, authorities aim to ensure that locally produced LPG reaches eligible companies through a competitive process while maintaining supplies for areas dependent on government marketing companies.

AI Generated Summary

ISLAMABAD: The government has decided to sell 90 per cent of locally produced liquefied petroleum gas (LPG) through a transparent auction system to ensure fair distribution and provide equal opportunities to eligible companies.