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.