ISLAMABAD - Ministry of Petroleum and Natural Resources (MP& NR) is all out to make CNG dearer by Rs 23 per kilogram as a summary has been prepared to get the approval of Economic Coordination Committee (ECC) of the Cabinet.
Well-placed sources aware of the development confided to TheNation that the MP& NR has drafted a summary to jack up the price of CNG by Rs 23 per kg. The CNG would be made dearer through increasing the price of gas.
They said that desperate MP & NR has forwarded the summary to the concerned Ministries to seek their consultation. However, the said summary could be sent to the ECC directly prior to completing the consultation process.
Succumbing to the pressure of All Pakistan CNG Association the MP & NR earlier resolved to keep the price of CNG at 60 per cent of petrol’s price as parity, which now would be set at 80 per cent of petrol price if the ECC submits its nod on the summary.