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Govt frames LPG operational licensing policy

Government has framed out liquefied petroleum gas (LPG) operational licensing policy, 2017 for safe, suitable and to expand and operate competitive LPG market.

Energy and Mineral Resources Division of Ministry of Power, Energy and Mineral Resources announced the policy on January 29 this year through publishing a gazette.

Government has framed this policy amid different irregularities in this sector as there was no existing policy about this sector.

Due to the formulation of the policy now government will finalise the way to fix up the retail price of gas on the basis of international oil market price after discussing with related stakeholders mentioned in the gazette.

It is also mentioned in the gazette that for the expansion of multi-purpose use of liquefied petroleum gas import, production, store, transport, establishment of terminal, dispensing or re-fueling station for distributing LPG as fuel for auto vehicle, vehicle engine transformation factory, installation of bottling plant and distributing and marketing of LPG, appointment of master franchise or franchise or exclusive distributor or distributor and dealer related with the economy of the country, consumer right, transportation system and overall security system.

This policy framed for safe, suitable, expansion and operating of competitive market LPG import, production, store, transport, establishment of terminal, dispensing or re-fueling station for distributing LPG as fuel for auto vehicle, vehicle engine transformation factory, bottling plant and distributing and marketing of LPG appointment of master franchise or franchise or exclusive distributor or distributor and dealer necessary infrastructure, financial sufficiency, specification of LPG standard, buyer-seller relationship at different stages and fixing related subjects for agreement deed and responsibility.

The business institute who will intend to import, produce, store, transport, establish terminal, bottling plant and dispensing or re-fueling station for distributing LPG as fuel for auto vehicle, vehicle engine transformation factory for distributing and marketing LPG will be treated as ‘LP Gas Operator’.

For establishing and operating terminal, plant and other infrastructure a company must obtain license from Department of Environment, Bangladesh Standard and Testing Institute (BSTI), Department of Explosives, Fire Service and Civil Defense, Deputy Commissioner (DC), Local Authority, in related fields permission from Bangladesh Investment Development Authority (BIDA) along with necessary permission or pass or no objection certificate (NOC) from related Ministry or Division or Department and license from Bangladesh Energy Regulatory Commission (BERC).

Only the authorized master franchise or franchise or exclusive distributor or distributor and dealer by the LP Gas Operator can distribute the LPG for domestic, auto-gas, commercial and industrial purpose.

No institute without prior permission from government and LP Gas operating license can operate as LP Gas Operator.

For exporting bottled LPG or bulk LPG, NOC from Energy and Mineral Resources Division and in related fields’ permission from Ministry of Commerce must be taken.

To operate LPG Operator business, an institute must construct tank with minimum 5,000 tonne LPG storage capacity and for bulk LPG transportation must have necessary number of LPG road tanker or vessel.

One LPG Operator cannot refill the cylinder of another LPG Operator. If otherwise happened, government can take necessary action against the operator, authorized master franchise or franchise or exclusive distributor or distributor and dealer by the operator.

It is also mentioned in the gazette that this regulation will get preference from other regulations whatever the other have. 

 

 

 

 

 

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