ISLAMABAD (APP) - The new Liquified Petroleum Gas policy, which is likely to be announced soon, would help promote the LPG sector, said Chairman LPG Distributors Association Pakistan Muhammad Irfan Khokhar on Tuesday. Addressing a press conference here, he expressed satisfaction over the government efforts to mitigate problems of LPG consumers and giving proper attention for promotion of this environment- friendly fuel. The Chairman said Advisor to Prime Minister on Petroleum and Natural Resources Dr. Asim Hussain in a recently held meeting with the distributors has given assurance to streamline all matters pertaining to the LPG sector. He said the country has potential to become self-sufficient in production of LPG and even it could be able to export this commodity to other countries. Irfan Khokhar appreciated the government for adopting an effective strategy with regard to proper monitoring of marketing companies and ending their monopoly, which has resulted in drastic reduction in LPG price from Rs. 150 per kilogram to Rs. 60-70 per kilogram across the country. He advocated for establishing LPG fuel stations across the country to ensure provision of this essential commodity to consumers on prescribed rates. "LPG fuel stations be established in the country as operating in the United Kingdom. Cheaper electricity can be generated by promoting the LPG sector," he observed. Elaborating, he said a fuel station could be set up at a cost of Rs. 2.5m, which requires 150 to 200 square feet land. A CD-70 motorcycle would consume one kg LPG for covering distance of about 130 kilometre, similarly small and large vehicles running on LPG would give better mileage as compared to CNG, petrol or diesel, Khokhar added. The Chairman said such initiative would help save billion of rupees being spent on import of petrol and diesel. He said cheaper electricity could be produced by using LPG fuel, adding "electricity produced through LPG fuel will be 25% cheaper as compared to other resources." Irfan Khokhar said a LPG power plant to produce 345MW electricity is being established at Port Qasim, Karachi.