Liquefied petroleum gas rates in Pakistan fell by Rs. 30 to 40 per kg across the past two days because of a brief resumption in imports from Iran, while another decrease of Rs. 30 per kg is anticipated within the next two to three days.
The senior vice chairman of the LPG Distribution Association stated that market prices are declining slowly, though he cautioned that the danger of a winter shortage remains present.
Only Pre-October 16 Cargo Allowed In
The association explained that only gas transport bowsers loaded at Iranian refineries and arriving at the Pakistan-Iran border prior to October 16 gained permission to cross into Pakistan.
That volume loaded up to October 16 totals approximately 8,000 to 9,000 tonnes, sufficient to satisfy national requirements for just three days.
The group noted that this short-term delivery will not resolve the shortage, which follows a drop in rates triggered by a fresh shipment earlier in the week.
Association Seeks 6-Month EIF Exemption
The All Pakistan LPG Distribution Association requested that federal authorities provide a six-month waiver from the Electronic Import Form mandate for gas purchases originating in Iran.
The organization also advised the Prime Minister's Adviser Haroon Akhtar to bring back the previous import system for six months so the country can satisfy cold weather demand.
The association cautioned that without a permanent resumption of Iranian shipments, the fuel could climb to Rs. 1,000 per kg during the winter months, following earlier warnings that individual cylinders might cost over Rs. 10,000.
