AGL 35.63 Decreased By ▼ -0.07 (-0.2%)
AIRLINK 131.00 Decreased By ▼ -2.50 (-1.87%)
BOP 5.01 Increased By ▲ 0.04 (0.8%)
CNERGY 3.98 Decreased By ▼ -0.05 (-1.24%)
DCL 8.51 Increased By ▲ 0.09 (1.07%)
DFML 47.63 Increased By ▲ 0.23 (0.49%)
DGKC 74.90 Decreased By ▼ -0.10 (-0.13%)
FCCL 24.60 Increased By ▲ 0.35 (1.44%)
FFBL 48.30 Increased By ▲ 2.30 (5%)
FFL 8.99 Increased By ▲ 0.06 (0.67%)
HUBC 147.51 Decreased By ▼ -6.59 (-4.28%)
HUMNL 10.97 Decreased By ▼ -0.03 (-0.27%)
KEL 4.03 Decreased By ▼ -0.03 (-0.74%)
KOSM 8.34 Decreased By ▼ -0.54 (-6.08%)
MLCF 32.90 Increased By ▲ 0.15 (0.46%)
NBP 57.98 Increased By ▲ 0.18 (0.31%)
OGDC 143.45 Increased By ▲ 0.65 (0.46%)
PAEL 26.10 Increased By ▲ 0.09 (0.35%)
PIBTL 5.85 Decreased By ▼ -0.07 (-1.18%)
PPL 116.09 Increased By ▲ 1.49 (1.3%)
PRL 24.32 Increased By ▲ 0.17 (0.7%)
PTC 11.55 Increased By ▲ 0.08 (0.7%)
SEARL 58.00 No Change ▼ 0.00 (0%)
TELE 7.62 Decreased By ▼ -0.09 (-1.17%)
TOMCL 41.39 Increased By ▲ 0.25 (0.61%)
TPLP 8.42 Decreased By ▼ -0.25 (-2.88%)
TREET 15.34 Increased By ▲ 0.26 (1.72%)
TRG 58.73 Decreased By ▼ -1.17 (-1.95%)
UNITY 28.25 Increased By ▲ 0.25 (0.89%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 8,564 Increased By 104.1 (1.23%)
BR30 27,094 Decreased By -174.4 (-0.64%)
KSE100 81,915 Increased By 1453.7 (1.81%)
KSE30 25,923 Increased By 454.8 (1.79%)

All Pakistan Compressed Natural Gas (CNG) Association on Thursday gave the deadline of January 5 to the government to close all CNG stations throughout the country if the government did not withdraw the decision of gas tariff hike.
Addressing a press conference, All Pakistan CNG Association Chairman Tariq Kundan demanded of the government to immediately withdraw the decision of gas tariff hike by over 10 percent for CNG stations. He said that CNG association had taken the decision of giving deadline to the government to withdraw the decision of gas tariff hike for the CNG stations.
He said that the government had hatched a conspiracy to equate the CNG prices with petrol that would not only destroy their businesses, but it would also deprive the consumers of the cheaper source of fuel as compared to the petrol. He said that CNG stations would not implement the government decision to increase gas tariff by 10 percent till January 5.
"The CNG stations will be closed from January 5 if the government would not withdraw the decision of gas tariff hike;" he said, adding that if they implemented the government decision to increase the gas tariff for CNG, the CNG price would be raised from existing Rs 45 to Rs 49 per kilogram that would not be affordable for the consumers.
He also ruled out the allegations of undue profit, and said that they were making profit of rupees five per kilogram to rupees eight per kilogram on the sale of CNG. He requested the higher authorities to withdraw the decision of gas tariff hike for the CNG stations to save CNG owners as well as the consumers.

Copyright Business Recorder, 2009

Comments

Comments are closed.