ISLAMABAD - All Pakistan CNG Association central chairman Ghiyas Abdullah Paracha has demanded weekly gas meter reading and fortnightly billing of CNG stations.
“We have sent application to the petroleum minister to restrict gas companies to work according to ECC formula under Petroleum Ministry’s policy, otherwise it is not possible for us to carry on business in this situation,” said Ghiyas Paracha in a statement.
He said that Petroleum Ministry changed pricing interval for liquid fuels from one month to weekly basis. Price of CNG being associated with petrol was also changed after seven days alongside petrol by changing the gas tariff.
However, despite instructions of the MOP, SNGPL & SSGC did not take readings at appropriate time and billed the CNG sector without proper accounting. As a result SNGPL & SSGC are now holding millions in excess not willing to adjust the amounts despite repeated requests and meetings by the All Pakistan CNG Association.
On top of this, SNGPL & SSGC will also benefit from the millions that it will earn through interest by keeping this amount in banks. All this profiteering will go unaccounted and the businessman will suffer. MOP is requested to take serious notice of such practices.