CNG industry demands immediate decision on gas prices
“We have been facing unbearable losses for the last 34 days, while the gas and electricity connections of many filling stations have been disconnected due to the inability of owners to pay utility bills,” said APCNGA Central Chairman Muhammad Abid Hayat in a statement issued here on Wednesday.
“It is impossible for station owners to sell gas at the current prices and meet stations’ operational costs. No one can afford to continue business,” he added. He said that the government is not ready to compromise on taxes and has shifted the entire burden to CNG stations, which he alleged to be a well-orchestrated conspiracy against the sector.
He said that the APCNGA wants to sell CNG at economical rates, but cannot run business when it is losing money.
“The government should introduce uniform gas price and taxation to bring the crisis to an end, but it is not ready to accept any reduction in revenues,” he said. He also alleged that the government’s dismissal of the options tabled by the CNG industry shows that it is not interested in providing relief to the masses.
Published in The Express Tribune, November 29th, 2012.
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The amount of CNG stations open today in Lahore is 50%. How can they afford to sell CNG and manage operational costs while the remaining 50% cannot? It's all a big fraud. CNG owners who are not selling today are like the mosquitoes, sucking the poor mans blood. Shame (LAANAT) on them and the same on OGRA.