KARACHI - LPG marketing companies have reduced prices of liquified petroleum gas (LPG) by Rs 2 to Rs 61 per kilogram and 11.8 kilogram domestic cylinder by Rs 30 to Rs 635. According to chairman of All Pakistan LPG Distributors Association Hadi Khan here Wednesday, LPG marketing companies have reduced prices in a bid to increase the sale of LPG. He pointed out that price of 45.4 kg cylinder has been decreased by Rs 57 to Rs 2,443 in the city. Hadi noted that the sale of LPG has declined while the supply has improved due to import of liquefied petroleum gas. He said that importers have brought in 30,082 tons of LPG from different countries since January this year while another consignment of 3300 tons will reach Pakistan by the end of current month. He alleged that local producers have slashed the production of LPG by 500 to 600 tons per day in the last seven months, in a bid to maximize profits and take LPG price to Rs 100 per kg. But the heavy import of LPG has not only frustrated their profit maximization plan, but also created a healthy competitive environment in the market, he noted. He urged the government to withdraw 16 percent sales tax on the import of LPG to encourage its imports. This will automatically pull down LPG prices by at least Rs 6 per kilo, he added.