Economic Coordination Committee of Cabinet approves LPG Policy 2011

Oil, Gas and Power

Islamabad: Economic Coordination Committee of the Cabinet in meeting Tuesday chaired by Federal Finance Minister Dr Abdul Hafeez Sheikh approved LPG Policy 2011.

ECC decided to allow import of 75 thousand tonnes fertilizer with a view to keep its prices under check in the country. It also decided that fertilizer would be imported only through Gwadar port in future. In this connection’ a suggestion by the Trade Ministry is also being considered to make tariff reasonable.

ECC is also expected to chalk out a procedure for the distribution and supply of gas being imported from Iran.

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