ISLAMABAD: Hapless consumers of Compressed Natural Gas (CNG) would bear another financial blow as the Oil and Gas Regulatory Authority (OGRA) has jacked up per kilogramme price of the fuel by up to Rs 5.36 on account of Gas Infrastructure Development Cess (GIDC).
According to price hike notification, which would be effective immediately across the country, the price of CNG has been increased to Rs 76.35 per kilogramme from Rs 74.25 per kg, registering an increase of Rs 2.1 per kg in Region 1 (Potohar, Khyber Pakhtunkhwa, and Balochistan). Similarly the consumers in Region 2 (Sindh, Punjab, and its areas, excluding Potohar) would face hike of Rs 5.36 per kg, taking the price from Rs 66.14 to Rs 71.5 per kg.
Earlier, the GIDC rate in Region-I was Rs 263 per Million British Thermal Unit (mmbtu) and Rs 200 per mmbtu in Region-II. Now, the government has imposed a uniform rate of Rs 300 per mmbtu in both regions, causing hike in CNG prices.
The CNG consumers have been facing long queues and low pressure of gas at CNG filling stations for a long time. There has also been no let-up in the difficulties of the CNG consumers, as increase in the duration of CNG load shedding for Punjab is also on the cards.
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