‘LNG import to revive CNG sector’

Published February 15, 2016

ISLAMABAD: All Pakistan Compressed Natural Gas Association (APCNGA) on Sunday expressed confidence that the government’s recent deal to import Liquefied Natural Gas (LNG) from Qatar would help revive the CNG sector, which was bearing the brunt of prevailing energy crisis in the country.

Pinning high hopes with the LNG import agreement and the government’s sincere efforts to overpower the energy shortage, APCNGA Chairman Ghiyas Paracha said that the deal would pave the way for reopening of hundreds of CNG outlets which had been closed due to prolonged gas suspension over the past several years.

He said CNG was an environment-friendly fuel and claimed that it was 30 per cent cheaper as compared to petrol at the existing rates, adding that CNG was being sold at Rs53 per litre and Rs 82 per kilogram.

Answering a question, he said the purpose behind selling the CNG in litre was to do its comparison with petrol so that consumers could feel the difference.

But, he said, efforts would be made to end the prevailing CNG price disparity in provinces and bring its prices to Rs 47per litre from Rs53 in consultation with the government.

Published in Dawn, February 15th, 2016

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Taxing pensions
Updated 11 May, 2024

Taxing pensions

Tax reforms have failed to deliver because of distortions created by the FBR bureaucracy through SROs, apparently for personal gains.
Orwellian slide
11 May, 2024

Orwellian slide

IN recent years, Pakistan has made several attempts at introducing an overarching mechanism through which to check...
Terror against girls
11 May, 2024

Terror against girls

ONCE again, the ogre of terrorism is seeking the sacrifice of schoolgirls. On Wednesday, just days after the...
Enrolment drive
Updated 10 May, 2024

Enrolment drive

The authorities should implement targeted interventions to bring out-of-school children, especially girls, into the educational system.
Gwadar outrage
10 May, 2024

Gwadar outrage

JUST two days after the president, while on a visit to Balochistan, discussed the need for a political dialogue to...
Save the witness
10 May, 2024

Save the witness

THE old affliction of failed enforcement has rendered another law lifeless. Enacted over a decade ago, the Sindh...