Govt to open gas sector to competition, Malik tells media
Federal Petroleum Minister Ali Pervaiz Malik said a fuel-style relief mechanism is planned for gas, with competition in imports and expected news on petrol and diesel prices.
Petroleum Minister Ali Pervaiz Malik said the government plans a fuel-style relief mechanism for the gas sector.
He said competition would be introduced in fuel imports and the gas sector, with cheaper imports meant to benefit consumers.
Malik indicated good news on petrol and diesel prices was expected the same day he spoke.
Petroleum dealers in Karachi demanded a forensic audit of refineries and claimed petrol could fall by Rs40–Rs50 a litre if profits were examined.