10% surcharge to be imposed on CNG: Petroleum secretary

Published: January 31, 2012

Possibility of incharge front margin on petrol to be increased from Rs2.57 to Rs2.80 per litre. DESIGN: FAIZAN DAWOOD

ISLAMABAD: The petroleum secretary announced on Tuesday that 10% surcharge will be imposed on CNG prices, reported Express News.

The decision was announced during the Standing Committee for Petroleum and Natural Resources session in the National Assembly.

There is also a possibility of incharge front margin on petrol to be increased from Rs2.57 to Rs2.80 per litre.

The petroleum secretary also said that the Ministry of Water and Electricity is responsible for the gas crisis in the country, including Ogra which issued licenses despite strict instructions.

The secretary added that the gas stations whose contracts are for nine months should be asked to stay closed for three months.

The LPG prices were also increased on Tuesday as international LPG rates went from $886 to $1028 per metric ton. The rate of the domestic cylinders now stands at Rs165/kg, and Rs660/kg for the commercial cylinders.

LPG Distributor Association Chairman Irfan Khokhar said that the increase in the LPG rate should be taken back immediately, otherwise the association will hold countrywide protests.

He added that the association has called for protest in Islamabad on February 15 over the price hike.

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