Pages

Wednesday, July 13, 2011

APCNGA, MOP&NR agree on new CNG price formula

ISLAMABAD/RAWALPINDI: The meeting between All Pakistan CNG Association and Petroleum Minster Dr. Asim Hussain ends with partial success and showed consensus on the new CNG price formula.

The new formula will give 45% saving in respect of petroleum price to the CNG users, said Ghiyas Abdullah Paracha headed APCNGA delegation.
The summary of reduction in Gas curtailment for CNG sector will be sent to ECC in next 15 days where keeping in view the betterment in the Gas availability a relief for the public will be announced.
Ghiyas Abdullah Paracha while talking to newsmen after the meeting welcomed the decision of New Price Formula and thanked to Dr. Asim and set that we are quite sure that Petroleum Minister will play his vital role providing relief to 40 Million people. Meeting decided that a New Gas Distribution Formula on equal basis will be formulated with the consent of all stake holders and equal distribution of load management will be initiated.
He further added that we have postponed the agitation protest and strike call after today’s decision but the meetings in all the districts will be held on scheduled in which we will meet the people there and will inform about the details of the meeting with Petroleum Minister. Online