CNG prices slashed by almost Rs2.50 in Punjab, Islamabad New kits, light cylinders for EFI cars to be available soon

News Image

MG News | July 01, 2017 at 05:23 PM GMT+05:00

0:00

July 01: Ghiyas Abdullah Paracha, Central Chairman All Pakistan CNG Association (APCNGA) on Saturday said CNG prices have been slashed by around Rs2.50 in Punjab and Islamabad.

The prices of oil and LNG have reduced in the international market, therefore, the benefit is passed on to the consumers of the environmentally friendly fuel, he said. Ghiyas Paracha said that the prices of CNG have been deregulated in Punjab, therefore the price of the fuel may vary a little at different filling stations.

He said that the CNG operators will fix retail price keeping in view the quality of gas, cost of generator, local taxes and other expanses.
The leader of the CNG sector informed that PSO is importing the LNG while additional expanses like regasification, transportation by SSGC, transportation and distribution by SNGPL etc. are added in it which is determined by the OGRA while taking decision regarding pricing.

He said that prices of CNG continue to slide which is resulting in popularity of the clean fuel; around one thousand CNG stations have become operational in Punjab while the CNG outlets in Islamabad and Rawalpindi are witnessing crowd of motorists.

Those consumers who have CNG kits and cylinders in place should waste no time to switch on the clean and economical fuel, he said.

Ghiyas Paracha said that latest kits which are compatible with EFI cars and public transport and light cylinders weighting up to twenty kilogrammes will hit the market very soon which would be a great experience for motorists.

Related News

Name Price/Vol %Chg/NChg
KSE100 162,994.17
366.14M
-1.71%
-2829.70
ALLSHR 97,525.91
833.18M
-1.65%
-1634.99
KSE30 49,090.22
171.05M
-2.02%
-1011.73
KMI30 234,097.76
141.71M
-1.92%
-4583.61
KMIALLSHR 63,284.58
381.76M
-1.79%
-1151.00
BKTi 45,458.10
90.77M
-1.53%
-707.82
OGTi 33,162.89
14.24M
-2.82%
-962.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,780.00 79,820.00
78,755.00
5.00
0.01%
BRENT CRUDE 108.55 108.62
105.55
0.38
0.35%
RICHARDS BAY COAL MONTHLY 113.00 0.00
0.00
1.00
0.89%
ROTTERDAM COAL MONTHLY 109.25 0.00
0.00
1.80
1.68%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 102.08 102.18
99.11
0.14
0.14%
SUGAR #11 WORLD 14.97 0.00
0.00
0.02
0.13%

Chart of the Day


Latest News
May 03, 2026 at 01:12 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 03, 2026 at 11:17 AM GMT+05:00

Govt strengthens cyber defenses for banking network


May 02, 2026 at 06:36 PM GMT+05:00

PSX rebounds in April after brutal slide


May 02, 2026 at 05:42 PM GMT+05:00

SECP approves Service Long March Tyres IPO



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg