Unfortunately folks, the time is here. The time to say good bye and look for some other viable option as a fuel is right above us. There’s one thing that you won’t be able to run a car through water but, LPG is here, and is almost as cheap as CNG if you compare the price per km cost.
However, Minister for Petroleum Dr Asim Hussain, while speaking in Lahore said that the past Government’s decision and policy for CNG promotion was false and that he has set his target to phase-out the CNG sector gradually from all of Pakistan so to save the industrial and domestic sector from gas load shedding.
“Pakistan Peoples Party government has evolved a policy to diminish the CNG sector by not issuing new licenses and not renewing contracts of operational CNG stations”, said Hussain in a press briefing.
Moreover, Those CNG stations whose 15-year licences mature in the future will not be renewed as we believe that the CNG sector has destroyed other sectors, he said.
With Punjab as the leading consumer of CNG with Sindh consuming only half of the amount consumed by Punjab, while the total produced amount of gas by Pakistan is only half of its total consumption, and the deficit has to be supported by LNG.
Government however aims to kill the CNG sector making way for LPG in its place.OGRA has already given permission to PSO and other for setting up of LPG filling stations at its current fuel stations. PSO will be setting up 100 LPG stations.
“The people of Pakistan will have to bear the gas shortage for another couple of years, after which things would start to normalise, Hussain said. The shortage exists mainly due to uneven gas exploration policy, he said.
As Pakistan becomes the largest consumer of CNG as a fuel with Iran, Brazil and Argentina trailing our lead, we’re not sure what to say or speculate but we’ll say this……price of fuel products have gone up again while CNG’s price per kg is raised by 7.02 – which sort of gives the hint about how serious government is about their ambitions.
Minister for Petroleum Dr Asim Hussain, while terming the compressed natural gas (CNG) promotion policy by the previous government as a false step, has aimed to phase-out the CNG sector gradually throughout Pakistan in coming years to save the industrial and domestic sector from gas curtailments in future.
“Pakistan Peoples Party government has evolved a policy to diminish the CNG sector by not issuing new licenses and not renewing contracts of operational CNG stations”, said Hussain in a press briefing. Those CNG stations whose 15-year licences mature in the future will not be renewed as we believe that the CNG sector has destroyed other sectors, he said. Interestingly Hussain, who blames previous government for CNG promotion, held an unofficial meeting with the Deputy Prime Minister Chaudhry Pervez Elahi, a strong supporter of promoting CNG during his previous tenure, before meeting journalists for the briefing.
Source: Tribune
