MANDI BAHAUDDIN - The Pakistan Ex-Servicemen Society has demanded that like petroleum products, a regulatory authority should be formed to fix the price of liquefied petroleum gas (LPG).

PESS Mandi Bahauddin President Sher Gondal said the gas companies had announced rate for Rs200 a kg against its purchase price Rs 60. But gas in the market was not available on the price as the dealers sell it at Rs 250 per kg, he regretted. He said it was usual that the dealers increased gas price in winter and cross all the limits to cash in on the situation. “This year, the sui gas plant had developed some technical fault and the situation was being benefited by companies and the dealers by raising gas prices. This practice of gas dealers continues to increase rage and helplessness of the consumers,” he said.

He said the best way for government was to restrict the marketing companies from increasing gas rates at their own till the time gas plant was repaired. Gas price should have been reduced to provide relief for the public, he said. He noted that in the absence of regulatory authority for determining gas price, the gas dealers felt free to loot the consumers. He urged the government to take notice of the issue and establish regulatory authority to fix the prices of gas.