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CNG price reduced by Rs6-7 per kg

byCT Report
01/03/2016
in Business
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ISLAMABAD: The prices of gas at CNG stations being run on re-gasified LNG (RLNG) throughout Punjab zone are being reduced by Rs 6 to Rs7 per kilogramme.

All Pakistan CNG Association central leader Ghiyas Paracha said, “If the government reduced the prices of petrol to Rs 69 per litre from the existing Rs71.7 per litre then CNG would be about 30 percent cheaper than gasoline.”. The existing price of CNG in Punjab is around Rs 55.40 and Rs 7 reduction will bring it down to around 48.

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Out of the total 3,495 CNG stations in Pakistan, 2,400 were located in Punjab zone but after intensification of gas crisis in 2014 gas supply to CNG stations of Punjab was suspended but the supply was partially restored in June 2015 under the new rules. The restoration of gas supply to CNG stations in Punjab was made possible through the imported re-gasified LNG (RLNG).

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