AIRLINK 176.32 Increased By ▲ 0.96 (0.55%)
BOP 13.45 Increased By ▲ 0.36 (2.75%)
CNERGY 7.49 Increased By ▲ 0.12 (1.63%)
FCCL 45.29 Increased By ▲ 1.42 (3.24%)
FFL 15.22 Increased By ▲ 0.41 (2.77%)
FLYNG 27.00 Increased By ▲ 0.49 (1.85%)
HUBC 133.10 Increased By ▲ 1.62 (1.23%)
HUMNL 13.01 Decreased By ▼ -0.20 (-1.51%)
KEL 4.45 Increased By ▲ 0.05 (1.14%)
KOSM 5.96 Decreased By ▼ -0.04 (-0.67%)
MLCF 58.03 Increased By ▲ 1.61 (2.85%)
OGDC 218.28 Increased By ▲ 1.04 (0.48%)
PACE 5.87 Decreased By ▼ -0.02 (-0.34%)
PAEL 41.62 Increased By ▲ 0.52 (1.27%)
PIAHCLA 16.36 Decreased By ▼ -0.15 (-0.91%)
PIBTL 9.42 Decreased By ▼ -0.10 (-1.05%)
POWER 11.88 Increased By ▲ 0.37 (3.21%)
PPL 184.62 Increased By ▲ 0.39 (0.21%)
PRL 35.18 Increased By ▲ 0.73 (2.12%)
PTC 23.70 Increased By ▲ 0.59 (2.55%)
SEARL 94.53 Increased By ▲ 1.03 (1.1%)
SILK 1.17 Increased By ▲ 0.01 (0.86%)
SSGC 37.20 Increased By ▲ 0.36 (0.98%)
SYM 16.18 Decreased By ▼ -0.25 (-1.52%)
TELE 7.87 Increased By ▲ 0.13 (1.68%)
TPLP 10.74 Decreased By ▼ -0.04 (-0.37%)
TRG 61.34 Increased By ▲ 2.00 (3.37%)
WAVESAPP 10.77 Increased By ▲ 0.02 (0.19%)
WTL 1.34 Increased By ▲ 0.03 (2.29%)
YOUW 3.76 Decreased By ▼ -0.03 (-0.79%)
AIRLINK 176.32 Increased By ▲ 0.96 (0.55%)
BOP 13.45 Increased By ▲ 0.36 (2.75%)
CNERGY 7.49 Increased By ▲ 0.12 (1.63%)
FCCL 45.29 Increased By ▲ 1.42 (3.24%)
FFL 15.22 Increased By ▲ 0.41 (2.77%)
FLYNG 27.00 Increased By ▲ 0.49 (1.85%)
HUBC 133.10 Increased By ▲ 1.62 (1.23%)
HUMNL 13.01 Decreased By ▼ -0.20 (-1.51%)
KEL 4.45 Increased By ▲ 0.05 (1.14%)
KOSM 5.96 Decreased By ▼ -0.04 (-0.67%)
MLCF 58.03 Increased By ▲ 1.61 (2.85%)
OGDC 218.28 Increased By ▲ 1.04 (0.48%)
PACE 5.87 Decreased By ▼ -0.02 (-0.34%)
PAEL 41.62 Increased By ▲ 0.52 (1.27%)
PIAHCLA 16.36 Decreased By ▼ -0.15 (-0.91%)
PIBTL 9.42 Decreased By ▼ -0.10 (-1.05%)
POWER 11.88 Increased By ▲ 0.37 (3.21%)
PPL 184.62 Increased By ▲ 0.39 (0.21%)
PRL 35.18 Increased By ▲ 0.73 (2.12%)
PTC 23.70 Increased By ▲ 0.59 (2.55%)
SEARL 94.53 Increased By ▲ 1.03 (1.1%)
SILK 1.17 Increased By ▲ 0.01 (0.86%)
SSGC 37.20 Increased By ▲ 0.36 (0.98%)
SYM 16.18 Decreased By ▼ -0.25 (-1.52%)
TELE 7.87 Increased By ▲ 0.13 (1.68%)
TPLP 10.74 Decreased By ▼ -0.04 (-0.37%)
TRG 61.34 Increased By ▲ 2.00 (3.37%)
WAVESAPP 10.77 Increased By ▲ 0.02 (0.19%)
WTL 1.34 Increased By ▲ 0.03 (2.29%)
YOUW 3.76 Decreased By ▼ -0.03 (-0.79%)
BR100 12,244 Increased By 148 (1.22%)
BR30 37,375 Increased By 548.1 (1.49%)
KSE100 115,094 Increased By 1009.7 (0.89%)
KSE30 35,611 Increased By 353.6 (1%)

Business community of Southern Punjab strongly rejected the 14 percent increase in gas tariff for all consumers of the Sui Northern Gas Pipelines Limited (SNGPL) and termed this decision unjust. President of Multan Chamber of Commerce and Industry (MCCI) Khawaja Muhammad Usman has said that Oil and Gas Regulatory Authority (Ogra) did not take the consumers into confidence before taking this decision.
He said that tariff was increased under the pressure of IMF to collect more revenue of Rs 24 billion. He said the cost of production of export items would be increased and Pakistan would not be able to compete even with its neighbours in the global market.
He said that Pakistan should take measures to increase its exports to meet the target of 25 billion dollars. The All Pakistan CNG Association (APCNGA) South Punjab Chapter and Transporters Association Punjab on Friday gave a seven-day ultimatum to the federal government for reversing this decision.
Transporters said the federal government had taken this decision to deprive Punjab of its basic rights. "Not only CNG station owners will be affected from this decision but the people in general will also suffer due to CNG closure for five days," they added. They said they were informed about this decision on first of Ramazan, which showed that the government is not interested to provide relief to the people during Ramazan.

Copyright Business Recorder, 2014

Comments

Comments are closed.