PM Shehbaz forms body to review proposed LPG policy reforms

• Policy seeks to shift LPG imports and price-setting from Ogra to SOEs • State-owned enterprises to introduce import-parity pricing based on Saudi Aramco rates and actual import costs ISLAMABAD: Amid soaring prices following supply disruptions, Prime Minister Shehbaz Sharif has constituted an eight-member ministerial committee to review a set of policy changes proposed by the Petroleum Division for liquefied petroleum gas (LPG). The proposed reforms envisage allowing state-owned enterprises (SOEs) to enter the LPG import business and take over price-setting from the regulator, with prices…