LNG: CNG sector complains of delay in imports

ISLAMABAD:

The compressed natural gas (CNG) industry has complained that a powerful lobby wants to hamper the government’s plan to resolve the energy crisis by fixing prices of liquefied natural gas (LNG), which is discouraging the private sector.

Speaking at a press conference on Thursday, a leader of CNG station owners Ghiyas Abdullah Paracha alleged that a conspiracy had been hatched in a bid to give undue benefits to some influential people.

“Absence of transparency has sparked fears of failure of the LNG import programme,” he said, adding the private sector was ready to import and consume LNG to overcome the problems being faced by their businesses.

He pointed out that the gas shortfall stood at 200 mmcfd, adding the LNG regasification unit in Karachi was running but things were being delayed. “CNG stations in Punjab have been shut for the past six months, leading to bankruptcies and bringing the industry to its knees,” he added. 

Published in The Express Tribune, May 1^st,  2015.

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