{"id":310009,"date":"2023-01-27T08:42:50","date_gmt":"2023-01-27T03:42:50","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=310009"},"modified":"2023-01-27T08:42:50","modified_gmt":"2023-01-27T03:42:50","slug":"lpg-black-marketing-persists-unabated-as-price-hits-historic-high","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/lpg-black-marketing-persists-unabated-as-price-hits-historic-high\/","title":{"rendered":"LPG black marketing persists unabated as price hits historic high"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nA judicial commission should be formed to inquire into corrupt practice and people behind black marketing of LPG as it has touched triple century (Rs 300) mark across the country, hitting the peak in the history of Pakistan.<br \/>\nAlthough the fixed price of LPG by Ogra is Rs 204 per kg, but on the contrary, the government-owned SSGC has increased the price of LPG per kg to Rs 300 with rate of domestic cylinder increasing by Rs 235 to Rs 3,550 and the price of commercial cylinder has reached a high level of Rs 13,620 up by Rs 908.<br \/>\nMr Irfan Khokhar, Chairman of LPG Distributors Association of Pakistan, vociferously raised these assertions while addressing a press conference at National Press Club here on Thursday.<br \/>\nHe slammed the \u2018criminal\u2019 silence of Energy Ministry, Ogra, and SSGC over unabated overcharging of LPG, adding that in the ongoing crisis, the state-owned gas company has become a mafia, by making illegal profits of one lakh rupees per tonne of LPG as 5,000 tonnes of LPG is sold in the country every day.<br \/>\nThe mafia and black marketers are minting millions. He again stressed on a thorough judicial inquiry into this highly serious matter.<br \/>\nHe told media that currently, the country is facing the worst economic crisis apart from dollar shortage, and in these circumstances, measures of greater self-reliance by getting rid of the mafia are very necessary.<br \/>\nMr Khokhar strongly stressed on forming a judicial commission to probe into the corrupt practices and people minting money thru overcharging of LPG the commodity of poor man  The LPG Industries chairman said that Jamshoro Joint Venture Limited has been closed for the last 31 months.<br \/>\n If JJVL is made operational, it will end the mafia\u2019s monopoly by obtaining production of 550 MT to 750 MT of LPG per day in the country. LPG can be imported for consumers at a fixed government price. Irfan Khokhar said that due to the 31-month closure of JJVL, the government has suffered a loss of Rs 157 billion so far in terms of revenue.<br \/>\n He said that SSGC continues to lobby for the permanent closure of JJVL to continue its monopoly and black marketing in the local market. The country currently has only 2,000 metric tons of LPG production while the consumption has crossed 5,000 tons. In this way, 60% of the country has become dependent on imported LPG. Irfan Khokhar said that due to astronomical prices, LPG has become beyond the reach of consumers.<br \/>\nHe said that a nationwide protest against the high price of LPG and black marketing was underway and he was travelling across the country to highlight this humane issue. Mr Khokhar gave an ultimatum to the government for strictly check the overcharging, saying otherwise the sale of LPG in the entire country will be on a complete halt from January 31. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD A judicial commission should be formed to inquire into corrupt practice and people behind black marketing of LPG as it has touched triple century (Rs 300) mark across the country, hitting the peak in the history of Pakistan. Although the fixed price of LPG by Ogra is Rs 204 per kg, but on the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-310009","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LPG black marketing persists unabated as price hits historic high<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/lpg-black-marketing-persists-unabated-as-price-hits-historic-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPG black marketing persists unabated as price hits historic high\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD A judicial commission should be formed to inquire into corrupt practice and people behind black marketing of LPG as it has touched triple century (Rs 300) mark across the country, hitting the peak in the history of Pakistan. 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