Illegal LPG Transfer Triggers Deadly Explosion in Multan

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MULTAN: A tragic LPG fire and explosion near the Industrial Estate in Multan has claimed multiple lives and caused extensive property damage. The incident was triggered by the illegal transfer of LPG from a bowser to cylinders at an unauthorized facility, where CO₂ was also being mixed with LPG. According to preliminary findings, prolonged LPG leakage led to the accumulation…

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Govt Proposes Tougher Laws for LPG and Explosives Handling

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ISLAMABAD: The government has proposed stringent penalties for unauthorised handling and storage of liquefied petroleum gas (LPG) and explosives, designating them as non-bailable offenses. Violators could face up to 14 years of rigorous imprisonment and fines as high as Rs20 million, aiming to enhance public safety and deter illegal activities. Currently, offenders face minimal penalties of up to six months…

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OGRA to Probe LPG Overcharging Allegations Against SNGPL

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ISLAMABAD: The Oil & Gas Regulatory Authority (OGRA) has initiated an investigation into complaints of overcharging for liquefied petroleum gas (LPG) by Sui Northern Gas Pipelines Ltd (SNGPL). Consumer Rights Advocacy (CRA), an Islamabad-based non-profit organization, reported to OGRA that SNGPL was selling LPG cylinders at Rs3,253, exceeding the maximum notified price of Rs2,953.36 for an 11.8-kg cylinder set by…

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Russian LPG Prices Plummet by Half Amid Sanctions

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MOSCOW: Domestic liquefied petroleum gas (LPG) prices in Russia dropped sharply in December, halving compared to the previous month, due to a surge in supply following European Union sanctions that curbed exports, according to Reuters calculations. The EU sanctions on Russian LPG, effective December 20, were driven by proposals from Poland, historically one of Russia’s largest LPG importers. LPG, comprising…

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LPG Price Hiked by Rs10 per Kg in Karachi, Reaches Rs290

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KARACHI: The price of liquefied petroleum gas (LPG) in Karachi has risen by Rs10 per kilogram, bringing it to Rs290 per kg, adding to the burden on consumers. This price is Rs36 higher than the official rate of Rs254 per kg set by the Oil and Gas Regulatory Authority (OGRA). Shopkeepers attribute the hike to increased rates by marketing companies,…

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Punjab Raises Concerns Over Proposed LPG Policy Incentives

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ISLAMABAD: The Punjab government has expressed reservations about the proposed incentives in Pakistan’s LPG Policy 2024, citing potential impacts on its share of federal tax revenues. Sources revealed that Punjab has requested a detailed report from the federal government on the financial implications of the proposed tax incentives within the new LPG policy. The Shehbaz Sharif-led administration has revived efforts…

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Hyderabad Faces Crisis as LPG Shortage Hits: Industrialists Demand Urgent Action

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KARACHI: Industrialists in Hyderabad are urging the government to address a severe LPG shortage caused by the Sui Southern Gas Company’s (SSGC) failure to supply gas to eateries, food streets, and domestic users. The shortage has led to the closure of numerous LPG shops, exacerbating the crisis. Adeel Siddiqui, President of the Hyderabad Chamber of Commerce and Industry (HCCI), emphasized…

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Vitol Wins Tender from Government-Owned LPG Company in Pakistan

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ISLAMABAD: Vitol Trading Company, the world’s largest energy trading enterprise, has secured a tender from Pakistan’s government-owned LPG company. This marks a significant shift from Pakistan’s historical reliance on LPG supplies from its sanctioned neighboring country, which often involved illegal shipments and forged documents. The dependence on these illicit products has undermined real competition and exposed Pakistan to considerable risks.…

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LPG Industry Opposes Government Intervention, Fearing Anti-Competitive Practices

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LPG producers and marketing companies in Pakistan have raised concerns over the government’s proposed intervention in LPG allocation, as outlined in the new LPG Policy 2024. The industry fears that this intervention could lead to anti-competitive practices and undermine the spirit of deregulation. Under the proposed policy, the Petroleum Division suggests allocating up to 10% of LPG production to Sui…

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SSGCL accuses ‘front men’ of creating LPG shortages

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ISLAMABAD: The Sui Southern Gas Company Ltd (SSGCL) on Thursday accused ‘front men’ of Liquefied Petroleum Gas (LPG) market operators of making complaints before the government institutions to block state-owned entities’ retail business for creating shortages and black marketing the product for personal gains.“Most of the complainants are self-proclaimed stakeholders and they themselves do not have any stakes in the…

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