Govt to auction 90% of indigenous LPG production under new mechanism

Pakistan will auction 90% of indigenous liquefied petroleum gas (LPG) production under a new allocation mechanism, the Petroleum Ministry said on Saturday, in a move aimed at promoting competitive bidding and improving transparency in the distribution of locally produced fuel. The first meeting of the LPG committee under the approved deregulated framework was held under the chairmanship of the Secretary for Petroleum, with Federal Minister for Petroleum Ali Pervaiz Malik emphasising the governme

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