Wednesday, December 30, 2009

CNG stations on countrywide Strike from today..

LAHORE: (Daiy Times)The All Pakistan CNG Association (APCNGA) has announced suspension of operations for an indefinite period from today (Wednesday), in protest at the government's anti-business" policies and the "two-day holiday" for CNG stations.

Addressing a press conference on Tuesday, APCNGA Chairman Ghiyas Abdullah Paracha said CNG stations in Punjab and NWFP would be shuttered completely. He said the government had "pushed CNG station owners against the wall" in pursuance of "anti-people and anti-business policies". He said that according to the petroleum policy of 1992, CNG prices were supposed to be set at a level that was 50 percent of petrol prices.

"The prices of CNG will stand at Rs 55-57 per kilogramme on January 1, as gas prices will increase." He said with current prices standing at Rs 42-47 per kilogramme, a further increase would wreak havoc with the CNG business.

"Not only will our businesses suffer, the mobility of the masses will also be severely affected," said Paracha, adding that industry stakeholders had already rejected a further increase in CNG prices.

He said transporters had also joined hands with the APCNGA and would remain on strike until the demands of the association were met. He said the government should adopt a long-term policy and announce five-year rates for CNG.

He said if LNG was imported from Qatar, it would double the rate of CNG.

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