AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

imageISLAMABAD: All Pakistan Compressed Natural Gas Association (APCNGA) would apply for import of new lightweight 22kg CNG cylinders and compatible kits with Oil and Gas Regulatory Authority (OGRA) in next month.

"Samples are arriving from European countries and South America, which will be submitted before technical experts of OGRA for evaluation and getting approval for import of the CNG cylinders and kits in next 20 to 25 days," APCNGA Chairman Ghiyas Abdullah Paracha told APP on Tuesday.

He said price of the lightweight environment-friendly CNG cylinders and supporting kits would be determined after passing of the samples, following which "new technology will be available in the Pakistani markets in next three to four months."

The chairman said a number of international entrepreneurs were contacting APCNGA and showing keen interest to invest after seeing potential in CNG sector of Pakistan.

In 2012, he said, Pakistan was on top among CNG user countries with 3.7 million CNG-run vehicles adding, "By grace of Allah Almighty will soon achieve the past glory."

He said the lightweight cylinders would have the same eight kilograms CNG filling capacity as of the old 60 kg CNG cylinders, adding that the new technology would be easy in handling and useful in fuel consumption.

"It will be cost-effective as compared to the increased prices of vehicles," he said in reply to a question.

Paracha said the association was in negotiations with different foreign companies, including those from Italy and Argentine for importing the new technology and launching in Pakistani markets.

He expressed the confidence that with continued government policies to revive the CNG sector, Pakistan would be again number one CNG user country in next four years.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed.