CNG To Become More Expensive Than Petrol

Shell Gas Station

On Tuesday, sources from the Finance Ministry said that in order to provide relief to the consumers, the prices of petrol and other petroleum products will be reduced from February 1. Petrol will be made more economical than CNG. It is going to be a first time that the price of petrol per liter would be lower than per kilo CNG price. It is a huge thing and it would lead to some serious changes in the way people drive and refuel their vehicles.

According to sources the prices of petrol are expected to be reduced by Rs. 10 per liter, light diesel by Rs.11 per liter, high speed diesel by Rs.8.50 per liter, Kerosene by Rs.12 per liter and HOBC by Rs.14 per liter.

After the reduction, the new prices would be as follows: Petrol Rs. 68.28 per liter, High Speed Diesel 77.73 per liter and HOBC Rs. 74.90 per liter.

Crude oil prices have decreased by 50 percent globally since June last year. In response, the Pakistani government has reduced price of petrol by Rs.29 per liter since then and price of diesel by Rs.23 per liter during the last four months.

The recent fuel crisis, which occurred due to the banks’ refusal on extending any more credit to PSO, which led to a serious fuel crisis in the country specifically in the region of Punjab because PSO is a government owned company and is responsible for 80% of country’s fuel supply.

The fuel crisis led to long queues of motorists waiting for their turns at the petrol stations, the frustration of the people was beyond imagination as many could not get their fuel tanks full after waiting hours for their turns. But the situation got debauched as the fuel supplies reached the petrol stations.

Whether the reduction of fuel prices is a good news for the consumers or a hint of another fuel crisis heading our way, we don’t really know, but let’s just hope that the government is prepared for a surge in demand of POL products.

Anum Sharf

A freelance content writer who is passionate about writing. She loves to focus on Pakistan positively in her writings and is an automotive enthusiast who loves to cover the automotive industry from a female point of view.

  • Saad R.

    They should be prepared this time

  • Abdullah

    Poorly written article…..

  • Assad Iqbal

    But still CNG give more miles than petrol

  • Anum Sharf

    Thank you for your feedback. Kindly provide me some tips on how to improve my writing. 🙂

  • Umer

    easier to criticize, i bet his parents are still writing applications for him

  • MasroorGilani

    Does not apply to the majority of people in Pakistan as we do not have CNG in Punjab since November.

  • Anum Sharf

    He has a write to express his opinon so no hard feelings. 🙂

  • Akram

    Right.

  • alfa_whsky

    It is because CNG is regulated separately by OGRA but things are already in motion to deregulate it and link it with petroleum prices. CNG shall be maintained at atleast 30% lower than the petrol.
    And good news, specially for punjab, CNG shall be made available 24/7 in a couple of month’s time, Insha’Allah.

  • Tausif

    Lol @ write. It should be right.

    BTW after reading his comments i read few lines again and noticed that he is little bit right.

  • Sandtiger

    This was way back that petrol prices in international market were dropped to Rs. 50 a liter so these statements somehow seems like very cheap, as what benefit has Pakistani government provided to the people as yet they are selling the petrol on a very big profit margin and yet they talk about increasing the gas prices. Public understands that they are talking rubbish as they have yet not done anything which will
    reduce the gas shortage in future, petrol is surplus in international market and yet they run short on supplies, it’s very easy to sit on oil wells and make rubbish comments while withdrawing your salary and not doing anything which may improve the economic aspects of the country.

  • mrkhan

    It does not matter, if she did some mistakes. But she provided the right information. Don’t be a stupid English teacher A-Hs.

  • mrkhan

    It does not matter, if she did some mistakes. But she provided the right information. Don’t be a stupid English teacher.

  • Danyal Manzar

    Its good finally the prices are falling. Hopefully other petroleum product prices should be reduced too so as to get relief to the conman man. Sandtiger I support your notion that this should have been done 3 months ago. CNG prices are being influenced by politics like it was with Petrol and diesel before. They should be much lower then what they are at right now too. Yes mildege is there but still.

  • Usman Ahmed

    what was the need of this article? CNG still gives more KMs per kg than what a petrol engine gives per liter.
    CNG is still the cheaper fuel. Maybe the author didnt know this!!!!

  • Awes Ahmed Khan

    The comparison should be between Rs/km for a vehicle driven on Petrol and the same on CNG. The regulators will always keep a 30% margin in the price of CNG to Petrol.

  • Guest

    About dozen of people are killed every single day in Pakistn. You and we cannot do any thing to rescue them so which means they shouldn’t broadcast news as well as there is no need? If you read the article again , i believe you know will come to know that author is just comparing currents fact and she is not telling you to use petrol instead of CNG .

  • Muhammad Saqib Malook

    About dozen of people are killed every single day in Pakistn. You and we cannot do any thing to rescue them so which means they shouldn’t broadcast news as well as there is no need? If you read the article again , i believe you know will come to know that author is just comparing current fact and she is not telling you to use petrol instead of CNG .

  • Usman Ahmed

    fanboy of the author!

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