Pakistan News

Price of CNG will increase as fuel stations reopen after two weeks in Karachi

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Long queues outside CNG stations. Photo: Geo News File
Lengthy queues exterior CNG stations. Photograph: Geo Information File
  • CNG stations in Karachi reopen after June 22.
  • Govt will increase GST on LNG, value of CNG will increase by Rs30/kg.
  • CNG Affiliation of Pakistan calls emergency assembly over hike in CNG costs.

KARACHI: Residents had been immensely relieved Monday after CNG stations, that had remained closed for the previous two weeks, reopened.

As per the Sui Southern Fuel Firm (SSGC), CNG stations that remained closed in Karachi since June 22 lastly reopened right this moment at 8am.

Individuals had began queuing up exterior CNG station inside their vehicles, since Sunday night time, to get CNG.

Nevertheless, there was trigger for some concern as the federal government’s determination to extend the Normal Gross sales Tax (GST) on LNG has additionally precipitated the worth of CNG to extend, in some areas, by Rs30/kg.

In line with Geo Information, customers in Karachi have complained that the pump station house owners have fastened the worth of CNG at Rs140 per kg, marking a rise of Rs16 per kg enhance within the value of the fuel.

Pump station house owners mentioned they needed to undertake the transfer in response to the federal government’s transfer of accelerating gross sales tax on LNG.

The transfer has sparked panic among the many CNG Affiliation of Pakistan, which referred to as an emergency assembly. The affiliation has determined to ahead its issues to the federal authorities.

Within the assembly chaired by Ghiasuddin Paracha, it was mentioned that resulting from a rise within the LNG’s import value, and a hike within the GST imposed on LNG, the worth of CNG had elevated by Rs18 per litre the place the fuel was being offered in litres.

The place CNG was being offered in kgs, its value had elevated by Rs30 per kg, the assembly was knowledgeable.

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Shery Mudasir

Hey, I am Shery Mudasir an engineer by profession and a Blogger by Passion, and the Founder of Newsonhy. Newsonhy works as an operating system for bloggers to explore Blogging, SEO, and Affiliate marketing tips, Latest News, Read More

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