ISLAMABAD: All Pakistan Compressed Natural Gas Association (APCNGA) has called upon the government to extend duration of gas supply for 10 hours a day with allowing filling stations to operate for five days a week to facilitate masses in the Ramazan.
We had a meeting with Secretary Petroleum Abid Saeed on Monday and informed him people cannot wait for hours with fasting to get fuel, necessitating to provide gas supply from 4am to 2pm to provide relief to masses in Ramazan, Association’s Chairman supreme council Ghiyas Abdullah Paracha said.
He said the secretary was told since water level had improved in the rivers, improving hydel power generation therefore, petroleum ministry should fulfil its promise to allow CNG outlets to commence five day operations for 10 hours, from 4am to 2pm.
He said these demands would be taken up with Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi to make a final decision in this regard, however he added if any adverse decision was taken the CNG Association would hold protests.
He said all the sectors have been allowed to work for seven days a week while CNG sector had been forced to operate for two days a week, which was having negative impact on the sector.
Paracha demanded of the government to announce new CNG retail price after considering new taxes, electricity bills and other expanses otherwise it would be difficult to keep business running after July 1.
He said input cost had increased substantially after budget, which would result adversely on CNG stations.
He urged the authorities concerned to ensure adequate gas pressure at the CNG stations.
He said CNG outlets in Punjab were getting low gas pressure and supply for two days in a week, badly affecting the owners financially.
He claimed over 300 CNG stations had closed down in the province due to ‘limited natural gas supply and irrational pricing. It is also causing unemployment, he added.
He said an APCNGA delegation would meet officials concerned of Ministry of Petroleum to seek solution to CNG sector’s issues.
KARACHI: A 100 basis points system (bps) cut in Discount Rate (DR) by State bank of Pakistan (SBP) ...