ISLAMABAD — Pakistan has launched a new mechanism to sell locally produced liquefied petroleum gas (LPG) through monitored auctions, in a move aimed at improving transparency and easing public concerns over supply and pricing.
The decision was taken at the first meeting of a committee constituted for the purpose, chaired by the Petroleum Secretary, with Federal Minister for Petroleum Ali Pervaiz Malik in attendance.
Ninety Percent to Be Auctioned
Under the arrangement agreed at the meeting, local LPG producers will reserve 10 percent of their total output for government marketing companies, while the remaining 90 percent will be sold through transparent auctions conducted in the presence of media representatives.
The committee also capped daily purchases, deciding that each company would be permitted to buy a maximum of 20 metric tonnes of LPG per day, with equal opportunities extended to all eligible firms.
Daily Output to Be Tracked
In a further oversight measure, daily LPG production will be monitored, with the relevant figures presented to the prime minister.
Minister Malik said addressing public concerns over LPG availability and unfair pricing was a priority for the government. He said the new auction mechanism would help ensure equitable distribution, stabilise the supply chain and strengthen energy security.
The government’s objective, he added, is to secure better LPG supplies for consumers at reasonable prices.
- 10% of local LPG output reserved for state-owned marketing companies
- 90% to be sold via auctions held in the presence of media representatives
- Purchase cap of 20 metric tonnes per company per day
- Daily production figures to be reported to the prime minister
