CNG Blast

[Xulfiqar]

patient has refused to take the prescribed medication.

[awais.9]

they sent notification to reduce CNG price n took it back lol

source: Express news

[vadvaro]

the real danger for cng consumers in the immediate future is the expected hike in a special tax called the "gas infrastructure development cess(tax by another name)".

this "cess" (which is a traditional tax to raise a standing army from the populace at large, but then our "gormint" vultures can't be expected to know that) is expected to be raised by 300 rupees per mmbtu. this would translate to an increase of about 17 rupees per kg at the pump for you and i. if you're ready to pay 98 rupees per kg for your cng then carry on. if you don't then make some noise to the crime minister, commander in thief and their 40 thieves.

for those of you bleating in shrill voices to "give" the cng portion of gas to industries, consider this: cng has an 8% share of our national consumption. so, apparently aptma, ipp's and fertilizer are mentally constipated enough to believe that taking that 8% from cng and distributing it among themselves will make a significant and material difference in the current shortage.

oh, and before the bleating about industry being the silver bullet that will save this country's economy begins again, cng contributes 20% of the total amount of taxes collected from commercial consumers. consider that before you cast aspersions and half-baked accusations at the cng business.

regards,
v

[PKTUN]

sab confuse hain k keya karayn

[2468]

Bas awam ko kaheen saans na aa jaye ^^

[Thinking]

I have heard (suni sunayee baat) that some higher up has imported LPG and that is why it is being promoted for now.

Just a thought since i think LPG is not produced in pakistan whether is it a sustainable fuel?

[PKTUN]

koi yakeen karay ya na karay magar it is sach hakikat

Saif ur rehman of REDCO group [ OPERATING OUT OF QATAR ] to prove his loyality to CURRENT DEMOCRACY signed 5 agreements with front companies of AZ & DR. ASIM for supply of LNG & LPG from QATAR ground work for 1st shipment of LPG will arrive port qasim karachi sometime in august ~ october 2012 SUI Southern also issued public tender to revamp their LPG bowsers between PQ & LPG stations. Ogra issued 15 LPG station licences for Karachi alone in past 6 months.

Punjab Aitezaz Ahsan is DON of LPG in partnership with Saifullah Group of NWFP he will control the lpg distribution

KPK Hoti family doing ground work for LPG distribution Amer Haider hoti is nephew of (widow of wali khan) step mother of asfand yar wali & son-in-law of saifullah family

andha bantay raywree apnay apnoun ko

[Lolamonroe]

Hi all,
I am new. This pak wheel froum is great forum. I like this Forum.

[voodoo]

bas bhai ....

[raza1]

Just on geo news: cng prices are expected to rise by 12 to 15 Rs w.e.f. July 01.

[vadvaro]

i don't really like to say this, but i told you so:

Daily Times
Saturday, June 02, 2012

GIDC rate of up to Rs 300/MMBTU proposed

By Zeeshan Javaid

ISLAMABAD: To generate revenue amounting to Rs 30 billion for initiating new gas import projects, the Ministry of Petroleum and Natural Resources proposed Gas Infrastructure Development Cess (GIDC) rate up to Rs 300 per million British thermal unit (MMBTU) for fiscal year 2012-13.

The Finance Bill, titled GIDC Act 2011, 2nd schedule revealed that rate of Rs 300 per MMBTU has been proposed for the fertilizer sector using natural gas as fuel source except for fertilizer plants having fixed price products.

Similarly, petroleum managers proposed rate of Rs 300 per MMBTU for the compressed natural gas (CNG) sector lying under Region-I, comprising Khyber Pakhtunkhwa, Balochistan and Potohar (Rawalpindi, Islamabad and Gujar Khan), while Rs 200 per MMBTU has been set for Region-II Sindh and Punjab (excluding Potohar Region).

A uniform rate of Rs 100 per MMBTU has been proposed as GIDC rate for industrial sector including Captive Power, Water and Power Development Authority (WAPDA), Karachi Electric Supply Company (KESC), generation companies (GENCOs) and independent power producers (IPPs).

At present, the cess rate is Rs 197 per MMBTU for the fertilizer industry, Rs 147 per MMBTU for CNG stations in Region-I, Rs 79 per MMBTU for CNG stations in Region-II, Rs 27 per MMBTU for gas used by power generation companies, Rs 70 per MMBTU for IPPs and Rs 13 per MMBTU for the industry.

The infrastructure cess, levied with the objective of financing gas pipelines including Iran-Pakistan and Turkmenistan-Afghanistan-Pakistan-India projects, will be one of the major sources of revenue for the government with an increase in its rate in the next financial year, starting July. In the current year, the government has estimated to collect Rs 40 billion under this head.

According to the sources, the government did not receive an encouraging response from international lenders including Russia and China to requests for financing the Iran-Pakistan Gas Pipeline project due to sanctions imposed by the US against Tehran. Sources said the Ministry of Petroleum and Natural Resources had earlier proposed an increase in the cess rate from next year but the Law Ministry turned it down, arguing it could be decided only by the Council of Common Interests (CCI) – an inter-provincial body.

[awais.9]

few days back read news about it
cng prices are expected to rise by 15rs but from when?can any1 confirm this?

[awais.9]

bump........

[awais.9]

so they are increasing the price or taxing the cng sector,stupid ppl prolonged the loadshedding period,there were long effin ques at this time :mad:

[smartdevil_striker]

CNG Khappay...... Zard Aari na khappay!!

[speedster_101]

Despite government overtures, APCNGA presses on with indefinite strike – The Express Tribune

[techtrip]

The article speaks of a way higher increase. It says the price tariff for sindh and punjab is currently 79 mmbtu and is expected / proposed at 300 mmbtu for 12/13. That converts to a 3.5x increase!

Crazy, the government wants the people to pay the penalty of its mismanagement. The ministers are busy talking on the shows, so while they entertain us, they expect us to pay for it? How wonderfully sad situation it is for us people!

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