LPG auto gas policy on cards to facilitate private investment

The government is working to formulate a policy to facilitate private investment in the country’s LPG and auto gas sector as part of its plan to popularise the use of LPG and auto gas amid fast depletion of country’s natural gas reserve, reports UNB.
The issue of fixing the maximum retail price (MRP) for LPG and auto gas is learnt to be left out of the proposed policy.
According to official sources, a high-level committee of the Energy Division has been working on it and finalised a draft-policy.  Recently, it placed its final draft for approval of the State Minister for Power and Energy Nasrul Hamid.
Contacted State Minister for Power and Energy Nasrul Hamid said he has already gone through the draft-policy and instructed the officials concerned to bring some changes to the draft policy to make it more private-sector friendly.
“After my discussion with private sector investors, I’ve have given my notes on some key issues of the draft policy and instructed the officials to incorporate those in the final copy,” he told UNB without giving any detail of his instructions.

 

LPG auto gas policy on cards to facilitate private investment

The government is working to formulate a policy to facilitate private investment in the countrys LPG and auto gas sector as part of its plan to popularise the use of LPG and auto gas amid fast depletion of countrys natural gas reserve, reports UNB. The issue of fixing the maximum retail price (MRP) for LPG and auto gas is learnt to be left out of the proposed policy. According to official sources, a high-level committee of the Energy Division has been working on it and finalised a draft-policy. Recently, it placed its final draft for approval of the State Minister for Power and Energy Nasrul Hamid. Contacted State Minister for Power and Energy Nasrul Hamid said he has already gone through the draft-policy and instructed the officials concerned to bring some changes to the draft policy to make it more private-sector friendly. After my discussion with private sector investors, Ive have given my notes on some key issues of the draft policy and instructed the officials to incorporate those in the final copy, he told UNB without giving any detail of his instructions.