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LNG to be imported to decrease CNG price in Punjab: Paracha

byCT Report
08/12/2015
in Business
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ISLAMABAD: With the aim to help reduce gas price in Punjab, the CNG association has announced to import LNG for filling stations.

All Pakistan CNG Association (APCNGA) President Ghiyas Paracha, in a statement, said that LNG import will also ensure continued gas availability. Healso blamed that the flight of dollar and depreciation in the value of Pakistani rupees were responsible for the price hike of various commodities including the imported LNG.

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Paracha said that flight of dollar and erosion of rupee is a conspiracy hatched by few to benefit few on the cost of 200 million people. It has increased price of every imported item including imported gas. Demanding action against those involved in the artificial price hike of dollar, he said that it should be brought back to level of Rs 100.

However, the association lauded the government for resuming supply to CNG outlets in Punjab. The decision has saved tens of thousands of jobs and Rs 300 billion investment in that sector, said Ghiyas Paracha.

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