LPG mafia creating artificial gas shortage to overcharge customers,
ISLAMABAD (APP) -The per tola price of 24 karat gold increased by Rs1,500 and was sold at Rs226,800 on Saturday compared to its sale at Rs225,300 on the previous day.
The price of 10 grams of 24 karat gold also increased by Rs1,286 to Rs194,444 from Rs193,158 whereas the price of 10 gram 22 Karat gold went up to Rs178,240 from Rs177,063, All Sindh Sarafa Jewellers Association reported.
The price of per tola silver increased by Rs50 to Rs2,800 whereas that of ten-gram silver went up by Rs42.86 to Rs2,400.54.
The price of gold in the international market decreased by $5 to $1,889 from $1,894, the association reported.
While,
The nexus of the liquid petroleum gas (LPG) mafia has established a monopoly for the supply of gas in order to charge arbitrary prices by creating an artificial shortage of LPG in the country,
The government’s terminal Sui Southern Gas Company (SSGC) has also become a part of such black marketing, while the government plays the role of a silent spectator.
According to sources, two LPG vessels are present at Port Qasim but are not allowed to offload gas, while a few days ago, the LPG ship Almaha left without unloading gas after 1 month and 20 days.
The company had to face a loss of $480 thousand due to the stoppage of the Almah ship at Port Qasim, sources added.
However, Chairman LPG Distributor’s Association Irfan Khokhar informed the caretaker Prime Minister about the situation.
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