CNG dealers demand Rs3 hike in prices

Ppi July 28, 2010

KARACHI: The CNG Dealers Association has demanded an upward revision in the selling price of compressed natural gas to Rs56.63 per kg from the current Rs53.63. If not done, the dealers threatened that they will be compelled to do so themselves.

At a news conference here on Tuesday, the Chairman of CNG Dealers Association, Abdul Sami Khan, said it had been decided that CNG price will be increased in line with the increase in sales tax, electricity and gas tariffs.

“Since July 1, the Oil and Gas Regulatory Authority (Ogra) has not convened any meeting nor announced any increase in prices,” Khan added.

“There is a difference of Rs3 per kg in gas prices and all the increase in gas and electricity tariffs have been borne by CNG dealers to date,” he stated.

Khan said: “It is very difficult for us to survive in the presence of unauthorised and illegal shops and stations selling smuggled products and Iranian oil at prices lower by Rs4 to Rs6 per litre.”

“I request the government to stop this illegal business and save legal trade which is on the verge of collapse,’’ he added.

Published in The Express Tribune, July 28th, 2010.

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