‘CNG sector using expensive LNG’
According to officials, Pakistan can save and earn around Rs78 billion a year if the government allocated 200 mmcfd of terminal and pipeline capacity to private sector companies. PHOTO: FILE
All Pakistan CNG Association Central Leader Ghiyas Abdullah Paracha has said that the private sector has not been allowed to import liquefied natural gas (LNG). “Due to the delay in LNG purchase agreements, we are forced to use the most expensive LNG in the history,” he said. As a result, the compressed natural gas (CNG) consumer price reached Rs300 per kg, which was up to Rs195 per kg in Punjab and Sindh. Speaking to media after a consultative meeting of the CNG association, he said that the CNG sector had been waiting for the government’s green signal for LNG import for the last three years. “While the government is giving a subsidy of Rs80-90 per litre on petrol, the business of other competitive fuels, especially CNG, has been ruined,” he said and appealed to the government to provide LNG subsidy for CNG consumers. “Otherwise, the subsidy on petrol should be abolished so that the competitive fuel providers can do business at the same price.”
Published in The Express Tribune, May 15th, 2022.
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