CNG to see an increase in prices – Research Snipers

CNG to see an increase in prices

CNG

Compressed natural gas (CNG) fuel costs in Karachi have been expanded from Rs. 74 to Rs. 75 in a few areas and from Rs. 73 for each KG to Rs. 74 in select areas too.

Since the deregulation of it toward the finish of December 2016, the costs of the fuel has seen an increase by 4 times. Before deregulation, the administration had set its cost at Rs. 67.50 for each KG before Dec 2016. Be that as it may, the regulatory body increased CNG costs by Rs. 2.18 in mid December.

Why have a regulatory authority for CNG?

One issue for the general consumers is the absence of advanced meters in CNG stations. A few representatives at these stations without computerized meters frequently cheat clients out of Rs. 1-2 additional per KG of gas. Advanced meters are precise with regards to filling CNG tanks for the sum the consumer paid for.

Administrator All Pakistan CNG Association Sindh, Shabbir Sulemanji said that the cost of the gas crosswise over Karachi ranges from Rs. 73 to Rs. 75 under the present administration. He said that including the expenses for gas, taxes and duties, the costs have expanded from Rs. 55/Kg to Rs. 61/Kg in the course of the last 3-4 months.

Energy tax is likewise the most elevated for CNG stations contrasted at different parts of the nation, he said. Including different expenses into the condition, for example, control charge, work charges and so forth builds the aggregate CNG cost to Rs. 72/Kg as indicated by the administrator.

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Contrasting with oil costs, gas costs are still Rs 24 to Rs 25 for each liter not as much as petroleum, according to the executive.

Consumer right activists contend that the legislature ought to diminish the cost of compressed natural gas and direct the costs once more. They say that it ought to be the administration’s duty to control the costs. The activists likewise said that an instrument ought to be made to manage the costs and a body ought to be set up to uphold it.

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Image via Gibson County Gas