CNG dealers oppose increase in gas tariff
Argue any further hike in tariff will leave them bankruptKARACHI: Compressed natural gas (CNG) dealers in Sindh and K-P have requested the government to discard the idea of increasing natural gas tariff as the price hike will force them to wind up their business. “Any further hike in gas tariff will leave the CNG sector bankrupt,” the All Pakistan CNG Association (APCNGA) said in a statement on Tuesday. Consequently, the CNG price for end-consumers will soar to near the petrol price once the dealers pass on the increase in tariff to them. He pointed out that the gas tariff for CNG stations in the two provinces stood at Rs980 per mmbtu at present. Simultaneously, the government is also considering shifting CNG stations in Sindh to imported gas (liquefied natural gas – LNG), which is even more costlier.
Source: The Express Tribune April 10, 2019 03:56 UTC
