Oil and Fuel Regulatory Authority has issued round 98 totally different permits to streamline issues associated to LPG sector, together with its easy provide in each nook and nook of the nation all year long, Radio Pakistan reported.
The regulator granted 9 licences for establishing new oil advertising corporations, which might convey funding of round 4.5 billion rupees for building of oil storage infrastructure over the subsequent three years.
Apart from, permission was granted to 6 corporations to provoke advertising of petroleum merchandise after fulfilling their obligation of developing oil storage infrastructure.
The authority mentioned new entrants into the advertising area will improve competitors, which can in the end profit the customers.
Equally, it granted permissions to the OMCs and different corporations for working their newly constructed oil storages and terminals at totally different places together with Sahiwal, Habibabad, Mehmoodkot, Machike, Daulatpur, Port Qasim, Shikarpur, Kotlajam and Pattoki.
It mentioned the addition of latest oil storages will strengthen the oil provide infrastructure and backup storage system.
Liquefied Petroleum Fuel (LPG) Distributor Motion Committee introduced to go on strike from Friday in Karachi in opposition to the pointless crackdown of police officers on LPG distributors, ARY Information reported on July 17.
Addressing a press convention in Karachi, Ishaq Khan, the LPG distributor motion committee member mentioned that police have launched an pointless crackdown in opposition to distributors from final 10 days.
“The strike of LPG provide shall be for an indefinite interval in opposition to the pointless crackdown by the police,” added Ishaq Khan.