New LPG companies asked to go slow | 2018-04-29 | daily-sun.com

New LPG companies asked to go slow

Staff Correspondent     29 April, 2018 12:00 AM printer

New LPG companies asked to go slow

State Minister for Power, Energy and Mineral Resources Nasrul Hamid speaks at the launching ceremony of Petromax LPG at Bangabandhu International Conference Centre (BICC) in the capital on Saturday.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Saturday urged the newly approved LPG (Liquefied Petroleum Gas) companies to go slow in operations as many of them are yet to get final approval.

The state minister made the observation while addressing the launching programme of Petromax LPG at Bangabandhu International Conference Centre (BICC) in the city saying that 11 of the newly approved LPG companies have already started business without having final permission.

“The government has given primary approval to 55 companies for LPG bottling and marketing in the country. Of them about 11 companies started business without final permission while five are doing business with proper permission” said the state minister. The total production capacity of these companies is about 23.60 lakh tonnes, while the country’s total demand is about 30 lakh tonnes,’ said Nasul Hamid.

The minister also suggested the Petromax LPG not to go for commercial operations without having the final permission from the government. Terming the tendency to do anything in short and hasty manner a national habit, the minister said it is not acceptable and urged the companies to do their business with perfection.  

Nasrul Hamid said the private companies have responsibility to ensure customers safety firstly and affordable price also should be their concern.

Among others, lawmakers Dr M Habibey Milliat and Mahfuzur Rahman, chairman of Youth Group Rejaqul Haider and managing director of Youth Group Feroz Alam spoke on the function.

In a reply the State Minister said his ministry would fix the price of Liquefied Petroleum Gas (LPG) through consultation with the stakeholders concerned.  ‘Initiatives have been underway for keeping the price of LPG at a tolerable stage.’ he said. He said that the businessmen should operate their businesses keeping in mind of their social responsibilities. He also suggested to newly constructing high rise apartments owners to build ‘central gas plant’ adding that ‘It might be possible to supply LPG to apartments or community based households through pipeline by preserving it.’ The government has no plan to supply natural gas to households through pipeline, said the minister. According to Petromax officials, they have world class Bottling solution and have already established the LPG terminal with a capacity of 5000 MT at Mongla, Bagerhat and a satellite terminal of 1000 MT at Rupgonj, Narayangonj to ensure smooth distribution.


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