AIRLINK 74.75 Increased By ▲ 0.46 (0.62%)
BOP 4.93 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.35 Decreased By ▼ -0.02 (-0.46%)
DFML 39.68 Increased By ▲ 0.88 (2.27%)
DGKC 85.78 Increased By ▲ 0.96 (1.13%)
FCCL 21.20 Decreased By ▼ -0.01 (-0.05%)
FFBL 34.15 Increased By ▲ 0.03 (0.09%)
FFL 9.65 Decreased By ▼ -0.05 (-0.52%)
GGL 10.47 Increased By ▲ 0.05 (0.48%)
HBL 113.73 Increased By ▲ 0.73 (0.65%)
HUBC 137.05 Increased By ▲ 0.85 (0.62%)
HUMNL 11.51 Decreased By ▼ -0.39 (-3.28%)
KEL 4.77 Increased By ▲ 0.06 (1.27%)
KOSM 4.49 Increased By ▲ 0.05 (1.13%)
MLCF 37.70 Increased By ▲ 0.05 (0.13%)
OGDC 139.40 Increased By ▲ 3.20 (2.35%)
PAEL 25.49 Increased By ▲ 0.39 (1.55%)
PIAA 20.68 Increased By ▲ 1.44 (7.48%)
PIBTL 6.63 Decreased By ▼ -0.08 (-1.19%)
PPL 122.50 Increased By ▲ 0.40 (0.33%)
PRL 26.53 Decreased By ▼ -0.12 (-0.45%)
PTC 13.96 Increased By ▲ 0.03 (0.22%)
SEARL 58.16 Increased By ▲ 0.94 (1.64%)
SNGP 67.11 Decreased By ▼ -0.49 (-0.72%)
SSGC 10.30 Increased By ▲ 0.05 (0.49%)
TELE 8.40 No Change ▼ 0.00 (0%)
TPLP 11.15 Increased By ▲ 0.02 (0.18%)
TRG 63.50 Increased By ▲ 0.69 (1.1%)
UNITY 26.63 Increased By ▲ 0.13 (0.49%)
WTL 1.45 Increased By ▲ 0.10 (7.41%)
BR100 7,833 Increased By 23.2 (0.3%)
BR30 25,349 Increased By 199 (0.79%)
KSE100 75,115 Increased By 158.2 (0.21%)
KSE30 24,154 Increased By 70.4 (0.29%)

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has started issuing licences for new CNG outlets based on RLNG after careful scrutiny of all the formalities.

The government has also lifted the ban on import of CNG kits. Import duty as well as sales tax have been slashed to encourage its imports.

The CNG Association argued that those measures would help the masses to get fuel that was 40 percent cheaper.

The All Pakistan CNG Association (APCNGA) on Monday said that the government was promoting CNG to reduce urban pollution, cut oil import bill, and increase employment.

The government has taken a number of commendable steps including removing the ban on setting up new CNG stations, said Ghiyas Abdullah Paracha, central chairman APCNGA.

Ghiyas Paracha said that now the latest CNG kits would be available in the country that would result in 15 percent extra mileage, resulting in savings.

He said that the availability of private imported LNG and other steps would trigger its usage and conversion of vehicles to environment-friendly economical fuel, which would help the masses save up to 40 percent in travelling costs.

The business leader noted that the government decisions would result in new investment, create almost 300,000 jobs, and this fuel would be made available in the areas, where it was not available earlier.

Promotion of this fuel will reduce urban pollution by 25 percent within two years, he said, adding that the CNG emits significantly less pollution than other fuels; therefore, it is being encouraged by dozens of countries.

He asked the government to ensure compliance by different subordinate departments for the success of the initiative.

Copyright Business Recorder, 2020

Comments

Comments are closed.