Tuesday, January 31, 2012

Gvot decides 10 pc surcharge on CNG


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ISLAMABAD: The government has decided to impose 10 percent surcharge on CNG from February, Secretary Petroleum Aijaz Chaudhary revealed during a briefing to National Assembly’s Standing Committee on Petroleum and Natural Resources.
The Secretary Petroleum said that the decision would help to balance prices of CNG and petrol, added that, summary in regard with the issues has also been finalized.
He held OGRA responsible of distributing gas connections at the time of gas shortage despite the ministry expressed concerns over the distribution.
The committee, which met under the chair of MNA Talib Nakai, asked why were gas connections distributed during gas shortage?
The secretary defended Petroleum Minister Dr Asim for revealing price hike, saying the price formula was already on OGRA’s website.
He warned that if the situation remained unchanged, the gas crisis would also hit the country next year.