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CNG sector gradually reviving: Paracha

byCT Report
15/03/2017
in Business
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ISLAMABAD: Central Chairman All Pakistan CNG Association (APCNGA) Ghiyas Abdullah Paracha has said that the Compressed Natural Gas sector was on the path of gradual revival.

In a statement issued here, he said motorists have started giving preference to CNG on petrol again, which is an inexpensive and environment-friendly fuel.

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Paracha hinted that per kg CNG price would be reduced in Punjab soon. He said the association was planning to import lightweight 22kg CNG cylinders and compatible kits to help improve efficiency of the gas-run vehicles.

“Samples are arriving from European countries and South America, which will be submitted to technical experts of OGRA for evaluation and getting approval for import of the CNG cylinders and kits,” he said.

He said price of the lightweight environment-friendly CNG cylinders and supporting kits would be determined after passing of the samples, following which “new technology will be available in the Pakistani markets in next three to four months.”

The chairman said a number of international entrepreneurs were contacting APCNGA and showing keen interest to invest after seeing potential in CNG sector of Pakistan.

In 2012, he said, Pakistan was on top among CNG user countries with 3.7 million CNG-run vehicles adding, “By grace of Allah Almighty we will soon achieve the past glory.” He said the lightweight cylinders would have the same eight kilograms CNG filling capacity as was in old 60 kg CNG cylinders, adding that the new technology would be easy in handling and useful in fuel consumption.“It will be cost-effective as compared to the increased prices of vehicles,” he said.

He expressed the confidence that with continued government policies to revive the CNG sector, Pakistan would be again number one CNG user country in next four years.

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