Rs20 billion subsidy provided in petroleum prices since govt came into power: Petroleum minister

Mr Khan stated gas worth Rs45 billion was unaccounted for in the last five years due to pilferage and leakage

0
381

ISLAMABAD: Minister for Petroleum Division Ghulam Sarwar Khan on Friday told the National Assembly that the government has provided a subsidy of Rs20 billion in petroleum prices to provide relief to the common man since it came into power.

Replying to a question, the minister said the government did not pass on the increase in international oil prices to consumers accordingly.

Also, Mr Sarwr stated Rs12 billion subsidy has been given in the current month as well.

Mr Khan stated gas worth Rs45 billion was unaccounted for in the last five years due to pilferage and leakage.

He said Sui Southern and Sui Northern gas companies have been directed to take adequate measures to overcome the gas losses.

The minister said OGRA’s notified price of LPG for domestic and commercial consumers for this month is 1338.78 for 11.8 kg cylinder.

This price is in line with LPG Policy 2016 which states that the indigenous LPG production will primarily be supplied to domestic and commercial consumers.

All other sectors such as automobile and industrial will only be allowed to use imported LPG.

The minister stated there has been no load-shedding of gas in any area of Pakistan.

He added a gas reduction of 80 MMFCD was observed this year due to depleting of existing gas wells.

The minister shared 130 MMFCD shortfall of gas occurred in Sindh which has now been overcome.

He said there is no shortfall of gas in residential areas and the low pressure in certain areas is due to worn out infrastructure.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here