‘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

Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...
Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...