Govt decides to increase CNG price by Rs15 per kilo
The new price is likely to be implemented from next week.
ISLAMABAD (Dunya News) – The federal government has decided to increase the price of compressed natural gas (CNG) by 15 rupees per kilogram.
The new price is likely to be implemented from next week after the issuance of a notification regarding 40-percent hike in gas tariff.
Sources close to the development said the revised prices would be applicable in the provinces of Sindh, Balochistan and Khyber Pakhtunhwa, whereas Punjab will not be affected by the hike as many gas stations have converted to LNG.
Finance Minister Asad Umar said Saturday the government had decided against increasing the price of petroleum products despite recommendation from the Oil and Gas Regulatory Authority (Ogra).
Ogra in its summary sent to the petroleum division recommended that the petrol prices should be increased by at least Rs4.50 per liter from October 1.
It also recommended that the rate of high speed diesel be increased by Rs4 per liter, while the rate of light diesel price proposed be increased by Rs3.50 per liter.
