CNG stations to remain closed for indefinite period

May 16, 2022 (MLN): The All-Pakistan CNG Association has announced that CNG stations will remain closed for an indefinite period.

After a hike of Rs70, the price of CNG in Pakistan has reached a new high of Rs300 per kilogram which is difficult for association to sell at this price.

In a statement, CNG Dealers Association Chairman Abdul Sami Khan said that the price of Re-Gasified Liquefied Natural Gas (RLNG) has also been increased without any consultation. Expressing concerns over the price hike, the chairman said that investments worth billions are being wasted in the CNG sector, as per news report.

He added that CNG was considered a cheap fuel but a massive increase would reduce its demand.

The Chairman demanded that the government should provide RLNG to the CNG sector at subsidized rates, otherwise, it should completely end the CNG sector.

The distribution losses for Sui Southern Gas Company (SSGC) have been enhanced to 18 percent. Similarly, distribution losses are 8 percent for the Sui Northern Gas Pipeline Ltd (SNGPL).

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Posted on: 2022-05-16T16:01:47+05:00