The government has started practical steps for transparent auctioning and fair distribution of LPG. Under the new auction system, 10 percent of the local production will be allocated to the government while the quota of private marketing companies will be 90 percent.
According to , the first meeting of the committee established for transparent auction of LPG was held under the chairmanship of the Secretary Petroleum. It was decided in the meeting that local LPG producing companies will allocate 10 percent of their total production to government marketing companies, while the remaining 90 percent of LPG will be sold through transparent auction in the presence of the media.
According to the committee, each company will be allowed to obtain a maximum of 20 metric tons of LPG per day in the auction, while equal opportunities will be provided to all eligible companies.
It was decided in the meeting that the daily production of LPG will be monitored and data in this regard will be presented to the Prime Minister.
