LPG was originally introduced in Pakistan in 1966. Initially, the Pakistan LPG market was a fully regulated one, where supply was restricted to only indigenously produced LPG and where the Government of Pakistan controlled pricing. A sea change occurred in 1994-1995, when imports were allowed, leading to complete industry deregulation by April 2001.
Although LPG’s share in the country’s energy requirements has been nominal to date, over the past decade, growth by volume has been at a rate of around 14% per annum. This is expected to continue growing significantly with increasing LPG supplies available from both local and imported sources.
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