Adviser to Prime Minister on Petroleum Dr Asim Hussain warned on Friday that the government would initiate action against owners of CNG stations if they failed to comply with the Supreme Court’s ruling to slash gas prices.
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He maintained that the government would not allow the CNG mafia to take roots.
He threatened to revoke the licenses of CNG filling stations if the SC ruling was not implemented.
Earlier, All Pakistan CNG Association chief Ghayas Paracha confirmed that CNG supply would resume across the country in line with the Supreme Court’s ruling.
He said that CNG association would sit with the Oil and Gas Regulatory Association to finalize a new formula for gas pricing.
Paracha said that the CNG owners would have to pay Rs6 to Rs7 from their own pockets under the current price.
Earlier on Thursday, the Supreme Court of Pakistan directed OGRA to slash CNG prices after it ruled that linkage of CNG with petroleum products was unlawful. Following Supreme Court ruling, OGRA issued a notification of reduction in CNG prices by up to Rs30.90 a kg with immediate. However, despite the notification CNG is being sold at old rates in different parts of the country while many of the CNG stations were closed after the issuance of the notification.
