Geo Business

LPG marketing association rejects proposed policy

KARACHI: Liquefied Petroleum Gas (LPG) Marketing Association has rejected proposed LPG policy, Geo News reported. Chairman LPG Marketing Association Iqbal Z. Ahmed, while talking to Geo News, said under the proposed LPG policy all the 75 marketing companies have to import 25 percent of their total sale which is not logical. He said consumption of LPG is reducing owing to its price hike in the country and the condition to import 25 percent of the sale would further raise the prices.