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    Default CNG News (discuss schedule or any other CNG related information)

    CNG News.


    Punjab/isb schedule
    SNGPL :: Curtailment Schedule

    Sindh schedule (look in lower section of page for news update on CNG)
    Sui Southern Gas Company Limited




    MOD EDIT: OFF TOPIC REPLIES/ POLITICS NOT ALLOWED. THANKS


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    Quote Originally Posted by chaudhary9 View Post
    where is this thread going to?
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    Quote Originally Posted by chaudhary9 View Post
    where is this thread going to?
    fasad !!

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    Quote Originally Posted by dms664 View Post
    Nafaq - killer of unity
    its useful info sharing,

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    Quote Originally Posted by omer91 View Post
    fasad !!
    be positive,we are discussing difrent aspects of CNG,its price and avalibility etc ,where u seemd fasad????.

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    Rs 4.8 for Region I and 3.6 for region II increase in the price is on the cards. heard on some news channel last night.

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    Waiting for the news , but presently , according to the new formula we can see increase of 1.53 in region 2. lets see wat comes out after judicial hearing.
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    CNG prices to remain the same till the next hearing which is on the 19th of november. so the relief period extends for further 19 days

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    ISLAMABAD: The Supreme Court (SC) resumed hearing of the case pertaining to the pricing of petroleum and oil products along with the CNG and ordered to retain the current CNG prices until next hearing, Geo News reported Thursday.
    A two-member bench of the apex court, comprising Chief Justice Iftikhar Muhammad Chaudhry and Justice
    Jawwad S Khawaja is hearing the case.During today’s proceedings, Oil and Gas Regulatory Authority (Ogra) presented the new formula for CNG pricing. The CJ also asked the secretary petroleum to give an explanation over the statement given by Adviser to the PM on Petroleum and Natural Resources Dr Asim Hussain, and remarked that his statement had criticized the court.
    Dr Asim had said that the petroleum mafia has kept the matter of petroleum policy in pending on court’s order.
    Secretary petroleum told the bench that the case related to petroleum levy is currently being heard in the Lahore High Court. Replying to this, the CJ instructed him to approach the court and request for prompt hearing.
    The Chief Justice vowed that the court will not allow any mafia to rule in the country.
    The court also accepted All Pakistan CNG Association’s (APCNGA) request to become party in the case. Hafeez Pirzada, who will be representing the association, pleaded the court to give him two weeks time to submit a comprehensive reply in the matter.
    Later, the court adjourned the hearing till November 19 and ordered to maintain the current CNG prices till then.
    The APCNGA had refused to accept the new pricing formula worked out by the Ogra. According to the association, the owners of CNG stations will have to brave the loss of Rs20 on one kg CNG which is not sustainable anymore. The APCNGA had vowed to challenge the new pricing formula in the court today.
    They said if the said formula got approval, the owners of CNG stations would be left with no option but to close down their outlets as under the proposed reduced production cost and profit of CNG stations, it was no more sustainable to run the stations.
    According to the new formula, the CNG price will go up by Rs4.81 per kg and the production cost and profit margin of CNG stations will be slashed by Rs15 per kg.
    However, the 11 officials involved in the process of finalising the new formula are tight-lipped and they were under oath not to divulge the formula to anyone prior to submitting it to the Supreme Court. It was also learnt that Adviser to the PM on Petroleum and Natural Resources Dr Asim Hussain and Secretary Dr Waqar Masud remained in contact with Ogra’s top mandarins.
    The SC had asked Ogra to work out the new pricing formula independently but the top men of the ministry were reportedly found in contact with officials of the regulatory body. The Ogra had accorded, the official said, approval to the new pricing formula of CNG in the light of the Supreme Court’s order. The regulator has approved the raise in the CNG price by Rs4.81 per kg in Region-1 (Potohar, KP and Balochistan) and Rs3.85 per kg in Region-2 (Punjab and Sindh). The Orga has changed the name of operating cost as production cost.
    “The regulator has reduced the production cost to Rs5.75 from Rs20.80 per kg and slashed the profit margin of the CNG stations to Rs5.28 from Rs11.80 per kg,” the official said. The new pricing formula will be tabled before the Supreme Court and if it is accorded approval, Ogra will issue the notification about the new CNG price. After the approval by the apex court, the new CNG price will be Rs66.45 per kg in the Region-1 and Rs58.01 per kg in Region-2.
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    i hope current prices stay otherwise 66 n then they'll keep increasing it to reach back at 92

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    the cng pump owners want absolute profit in cng business
    top documentaries " Tears of Gaza"

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    Supreme Court’s CNG order <small>
    November 1, 2012 by Khurram Husain</small>
    THREE cheers for the Supreme Court! I knew operating a CNG station was a profitable enterprise, and licences were reserved for those with political clout.


    But even someone as cynical as me did not know exactly how profitable the enterprise was until I read the Supreme Court order in the Ogra case.

    For the first time that I know of, the complete cost build-up of CNG has entered the public realm.

    For petrol and diesel the total cost with itemised build-up has been available on the Ogra website for many years. But for CNG, only the final notified prices have ever been shown, and we’ve had no idea what the breakdown of those has been. Until now.

    On Oct 25, the Supreme Court demanded that the chairman Ogra submit the full cost build-up of the retail and prescribed prices of CNG, and what emerged was a jaw-dropper. It turns out the business of operating a CNG pump in Pakistan is so profitable it very likely leaves every other category of business in the hydrocarbon sector gasping for air. And that’s not a casual metaphor.

    From the chart submitted by the chairman Ogra, we learn that CNG station owners charge the consumer Rs20 as operating costs, and Rs11 as profit for every kilogramme of CNG purchased. Then in a small footnote, we are told that “Operating Cost includes compression cost, maintenance, depreciation, fee etc as per MoU signed b/w CNG Association & FG.”

    I particularly like that “etc”. Not much is known about this MoU, but it would be great if it could be shared with the media.

    And if you want context on the amount the CNG station owners are getting as ‘operating cost’ and as profit, consider that the oil-marketing companies (OMCs) get less than Rs2 per litre as their margin in petrol, kerosene and diesel, the oil dealerships get just over Rs2, it costs Rs6 per litre as inland freight to pay for cartage and storage that maintains price parity across the country.

    In the gas sector, operating cost of gas companies like SSGC is just over Rs1, with return on investment at 85 paisa per kilogramme.
    So how on earth are CNG station owners charging operating costs of Rs20 per kilogramme? And what on earth are they doing getting Rs11 as profit when the maximum total cost was Rs92 per kilogramme?
    The math gets a little tough because volumes of CNG consumed in the country are reported by the ministry in cubic feet, whereas the retail pricing is reported in kilogrammes.
    But if you consider that 10 per cent of all domestic gas gets used in CNG stations, and about one-third of this amount goes into the pockets of CNG station owners as ‘operating cost’ and profit, you’ll get an idea of the enormous transfer of resources that takes place on a daily basis.
    In stray remarks before the press, the CNG association head has claimed that out of the Rs20 he charges as ‘operating cost’, almost half is the cost of electricity for compression purposes.
    I find that hard to believe, but if it is true then Ogra is obligated to ask all CNG stations to submit their electricity bills, and compare the amount of electricity consumed with their declared sales, and cross-check the figure with their tax records. I say obligated for one simple reason: the Supreme Court has ordered a “scrutiny of audited accounts of CNG stations”.

    If the Ogra chairman cannot live up to the requirements of this order, he has no business occupying his office. If he shows trepidation at the thought of scrutinising the audited accounts of politically connected CNG station owners, then he should vacate his office rather than search for a compromise at the cost of the public interest.
    Contrary to some interpretations, the Supreme Court has not touched the price of gas. It has only ordered the government to properly determine the costs and profits that CNG station owners are charging the public.
    It’s true that gas should not be sold cheaply simply to put smiles on people’s faces. But it’s also true that rentier levels of remuneration should not be included in the cost build-up that end-consumers pay. Price reforms should add value to the public interest by incentivising efficiency and production volumes, not stuffing the bottomless pockets of CNG station owners.
    “Ogra is not authorised to fix the operating costs and profit of the operators of CNG stations, arbitrarily,” observed the court, thus throwing out the MoU signed between the government and the station owners that had formed the basis for the exorbitant determination of ‘operating cost’ and profit.
    Now the regulator has been ordered to do its duty and determine for itself what the operating costs of the station owners are and fix the amount appropriately. All other aspects of the judgment are minor by comparison to this Rs31 swing of the gavel.
    The price link with petrol and the gas development surcharge have been objected to, but the government still has time in which to persuade the court of the merits of retaining these measures. Memories of the Steel Mill case are being unfairly invoked in what is otherwise a skillful and discerning judgment. The station owners have no business pocketing one-third of the retail price of the gas they sell. Nobody in the oil and gas supply chain gets that sort of return, or is allowed to pass through that sort of cost to the end-consumer.
    They have even less business complaining about the order since it was they who brought the petition before the Supreme Court in the first place, asking it to please bring down the price of gas for the benefit of the masses, on whose behalf the station owners think they are entitled to speak.

    The writer is a Karachi-based journalist covering business and economic policy.
    khurram.husain@gmail.com





    Supreme Court printed on November 1, 2012


    CNG News (discuss schedule or any other CNG related information) - supreme courts cng order
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    Supreme Court?s CNG order <small>
    November 1, 2012 by Khurram Husain</small>
    THREE cheers for the Supreme Court! I knew operating a CNG station was a profitable enterprise, and licences were reserved for those with political clout.


    But even someone as cynical as me did not know exactly how profitable the enterprise was until I read the Supreme Court order in the Ogra case.

    For the first time that I know of, the complete cost build-up of CNG has entered the public realm.

    For petrol and diesel the total cost with itemised build-up has been available on the Ogra website for many years. But for CNG, only the final notified prices have ever been shown, and we?ve had no idea what the breakdown of those has been. Until now.

    On Oct 25, the Supreme Court demanded that the chairman Ogra submit the full cost build-up of the retail and prescribed prices of CNG, and what emerged was a jaw-dropper. It turns out the business of operating a CNG pump in Pakistan is so profitable it very likely leaves every other category of business in the hydrocarbon sector gasping for air. And that?s not a casual metaphor.

    From the chart submitted by the chairman Ogra, we learn that CNG station owners charge the consumer Rs20 as operating costs, and Rs11 as profit for every kilogramme of CNG purchased. Then in a small footnote, we are told that ?Operating Cost includes compression cost, maintenance, depreciation, fee etc as per MoU signed b/w CNG Association & FG.?

    I particularly like that ?etc?. Not much is known about this MoU, but it would be great if it could be shared with the media.

    And if you want context on the amount the CNG station owners are getting as ?operating cost? and as profit, consider that the oil-marketing companies (OMCs) get less than Rs2 per litre as their margin in petrol, kerosene and diesel, the oil dealerships get just over Rs2, it costs Rs6 per litre as inland freight to pay for cartage and storage that maintains price parity across the country.

    In the gas sector, operating cost of gas companies like SSGC is just over Rs1, with return on investment at 85 paisa per kilogramme.
    So how on earth are CNG station owners charging operating costs of Rs20 per kilogramme? And what on earth are they doing getting Rs11 as profit when the maximum total cost was Rs92 per kilogramme?
    The math gets a little tough because volumes of CNG consumed in the country are reported by the ministry in cubic feet, whereas the retail pricing is reported in kilogrammes.
    But if you consider that 10 per cent of all domestic gas gets used in CNG stations, and about one-third of this amount goes into the pockets of CNG station owners as ?operating cost? and profit, you?ll get an idea of the enormous transfer of resources that takes place on a daily basis.
    In stray remarks before the press, the CNG association head has claimed that out of the Rs20 he charges as ?operating cost?, almost half is the cost of electricity for compression purposes.
    I find that hard to believe, but if it is true then Ogra is obligated to ask all CNG stations to submit their electricity bills, and compare the amount of electricity consumed with their declared sales, and cross-check the figure with their tax records. I say obligated for one simple reason: the Supreme Court has ordered a ?scrutiny of audited accounts of CNG stations?.

    If the Ogra chairman cannot live up to the requirements of this order, he has no business occupying his office. If he shows trepidation at the thought of scrutinising the audited accounts of politically connected CNG station owners, then he should vacate his office rather than search for a compromise at the cost of the public interest.
    Contrary to some interpretations, the Supreme Court has not touched the price of gas. It has only ordered the government to properly determine the costs and profits that CNG station owners are charging the public.
    It?s true that gas should not be sold cheaply simply to put smiles on people?s faces. But it?s also true that rentier levels of remuneration should not be included in the cost build-up that end-consumers pay. Price reforms should add value to the public interest by incentivising efficiency and production volumes, not stuffing the bottomless pockets of CNG station owners.
    ?Ogra is not authorised to fix the operating costs and profit of the operators of CNG stations, arbitrarily,? observed the court, thus throwing out the MoU signed between the government and the station owners that had formed the basis for the exorbitant determination of ?operating cost? and profit.
    Now the regulator has been ordered to do its duty and determine for itself what the operating costs of the station owners are and fix the amount appropriately. All other aspects of the judgment are minor by comparison to this Rs31 swing of the gavel.
    The price link with petrol and the gas development surcharge have been objected to, but the government still has time in which to persuade the court of the merits of retaining these measures. Memories of the Steel Mill case are being unfairly invoked in what is otherwise a skillful and discerning judgment. The station owners have no business pocketing one-third of the retail price of the gas they sell. Nobody in the oil and gas supply chain gets that sort of return, or is allowed to pass through that sort of cost to the end-consumer.
    They have even less business complaining about the order since it was they who brought the petition before the Supreme Court in the first place, asking it to please bring down the price of gas for the benefit of the masses, on whose behalf the station owners think they are entitled to speak.

    The writer is a Karachi-based journalist covering business and economic policy.
    khurram.husain@gmail.com





    Supreme Court printed on November 1, 2012


    CNG News (discuss schedule or any other CNG related information) - supreme courts cng order
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    today cng stations in Mianwali and other related reigon are closed. can someone can confirm the situation in pindi and islamabad ?

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    Quote Originally Posted by sayyedain View Post
    today cng stations in Mianwali and other related reigon are closed due to strike. can someone can confirm the situation in pindi and islamabad ?
    It is regular off days (Thu-Fri-Sat) in Pindi-Islamabad region.
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    Default The truth abt CNG prices

    .......................................


    CNG news -1069680
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    Default unjustified profit margins

    Now that profit of 31 Rupees for CNG owners is totally unjustified..
    Similarly the government is doing the same to the people as the CNG owners are doing..


    Its interesting to note that in this era of economic recession CNG was the only industry that was recording booming profits, but now we know that the cost was too high for Pakistani people.

    I have one advise for the Supreme court..
    Those CNG stations that are "taking a rest" by not providing CNG after their unjustified profits were revealed, should be completely laid to rest by banning them from CNG sale from that station forever..

    as a senoir member already said these CNG association only do Tea and samosaas at their meeting and dont care even a bit about the pricing,, they only want absolute profit
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    lol they stilll wont go in loss... even with reduced prices. what they will do is what 100% of petrol pumps do.. alter the calibration of their machines.. you get gas of 500 they put in gas worth 450 profit hi profit
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    Quote Originally Posted by onlyfaith View Post
    Now that profit of 31 Rupees for CNG owners is totally unjustified..
    Similarly the government is doing the same to the people as the CNG owners are doing..


    Its interesting to note that in this era of economic recession CNG was the only industry that was recording booming profits, but now we know that the cost was too high for Pakistani people.

    I have one advise for the Supreme court..
    Those CNG stations that are "taking a rest" by not providing CNG after their unjustified profits were revealed, should be completely laid to rest by banning them from CNG sale from that station forever..

    as a senoir member already said these CNG association only do Tea and samosaas at their meeting and dont care even a bit about the pricing,, they only want absolute profit
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    well said..
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    CNG news -1070237
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