KARACHI:LPG associations while rejecting the new formula for determination of prices by government has announced country wide strike from November 16.

Talking to media men, Ali Haider senior vice chairman LPG Markets Association said new pricing formula of government is not acceptable. This can lead to increase the prices of LPG by 25 to 30 percent.

It has been decided in the emergency meeting of all associations to go on strike against government formula.

He further said Pakistan imports about 13 lac tones LPG annually .

The proposed policy sent to Prime Minister has been prepared without consultation with private sector.

Raising question on imposition of petroleum levy on use of locally manufactured LPG locally , he said the government institutions have failed to ensure supply during the period of present shortage despite collection of levy of billion of rupees.