Tag: CNG

LNG to be deregulated, supplied to CNG stations

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article image STAFF REPORT ISB: The Liquefied Natural Gas (LNG) would be deregulated and supplied to the CNG stations across Pakistan in order to ensure availability of cheap fuel to the consumers. Minister for Petroleum Shahid Khaqan Abbasi told the Nation Assembly recently. He said that the government would not regulate the LNG sector and its price would also be determined by the private sector. "The LNG price would be around 30 per cent less than the petroleum products’ prices…Read More

CNG for vehicle: Blessing or burden

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THE CONSUMPTION of natural gas for non-industrial purposes is fairly high in Pakistan. Transport and household consumers do not make any positive impact on GDP, however, put a heavy burden on natural gas reserve. If you see the pattern of natural gas consumption in developed countries, you would find that more gas is being consumed in industries.Industries like fertilizers, power plants and refineries require a sufficient amount of gas. These industries are facing acute shortage of gas which is…Read More

CNG: An artificial crisis?

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THE GOVERNMENT is promoting the use of LPG as comparatively low-priced fuel. Every other day LPG rates are going down. With this reduction the government wants to attract more and more people towards LPG.It reminds me of the campaign for promotion of CNG. At that time it was told that this environment-friendly fuel is cheaper. Many people invested in the CNG sector, and people switched over to this fuel. At that time it was flourishing and a profit-making business.Import of CNG kits, parts and…Read More