Claim: ‘CNG still cheaper than petrol’

The prices of petrol and CNG will match when petrol will be available at Rs49 per litre, says APCNGA chairman

KARACHI:

The All Pakistan CNG Association (APCNGA) has said that compressed natural gas (CNG) is still 30% cheaper than petrol despite the recent cut in price of the latter.

The prices of petrol and CNG will match when petrol will be available at Rs49 per litre, he said. Petrol is sold in litres while CNG is sold in kilogrammes, therefore, the prices cannot be compared, said Ghayas Abdullah Paracha, the central leader of APCNGA.

In a statement, he said a kilogramme of CNG is equal to almost 1.5 litres of petrol. Both fuels should be sold in litres to make things easier for all stakeholders.

He said international and national oil prices are declining, therefore, the price of natural gas for CNG filling stations should also be reduced and CNG outlets in Punjab should be reopened to provide relief to the people and spur growth.

“We have an implementable formula for the reduction in CNG prices,” he said. 

Published in The Express Tribune, February 3^rd, 2015.

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