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  Home > Finance > CNG Prices in Pakistan
 CNG Prices in Pakistan
30 May, 2015

CNG Price in Pakistan - CNG prices remain unchanged in Pakistan for the month of May 2015. According to the OGRA, CNG Price in region-1 is Rs. 58.72 per kg (Khyber Pukhtunkhwa, Baluchistan, Potohar region; Islamabad, Rawalpindi and Gujar Khan) and CNG prices in region-2 is 55.39 per kg (Sindh and Punjab excluding Potohar region) for the month of April 2015.

CNG Schedule in Karachi - CNG stations will be closed for 24 hours only from 26 May Tuesday 8:00 AM. Again CNG stations will be closed from 28 May Thursday and Saturday 30 May respectively.

CNG prices are according to the OGRA and CNG stations weekly schedule for Karachi-Sindh is according to the Sui Southern Gas Company Limited, moreover users can find CNG load management schedule for Lahore Punjab according to the Sui Northern Gas Pipelines Limited on our Facebook page. The following table of CNG prices in Pakistan shows the CNG prices of region 1 and region 2. The monthly revision of CNG prices are proposed by OGRA to the ministry of finance of Pakistan. CNG weekly closure schedules or emergency closure are informed by the Sui northern and southern gas companies for different cities and sectors including CNG stations, production companies residential etc in Pakistan. For CNG weekly closure schedules or emergency shutdown of CNG please visit Facebook of PakBiz. CNG is one abundant using in Pakistan, massively CNG consumes in domestic level, and in different passenger vehicle (Road Transport), and then industries are also using CNG for various productions.

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Product Retail Price
CNG Region-I
(Khyber Pukhtunkhwa, Baluchistan, Potohar region; Islamabad, Rawalpindi and Gujar Khan)

     Rs. 76.35 /Kg
CNG Region-II
(Sindh and Punjab excluding Potohar region)

  Rs. 71.5 /Kg


CNG Prices in Pakistan - CNG prices are updated every month by OGRA-Oil & Gas Regulatory Authority of Pakistan. CNG prices are causes major impact on Pakistan's economy and it is directly effects on general public. The CNG prices are a huge concern for millions of people in Pakistan as the major chunk of vehicles use gas to be driven on the roads. The compressed natural gas is used throughout the country in the major traffics because it provides better cost average than gasoline and diesel. It is also cheaper in price than that of gasoline and diesel fuels.

Comments
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Malik saeed Wed 27 May, 2015

Allah ka wasta hey khol do gareeb log to mar chukay hain
Malik saeed Wed 27 May, 2015

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Larry mills Tue 19 May, 2015

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Aani - A girl Fri 15 May, 2015

THE muddle that has been created with the Liquefied Natural Gas (LNG) project reflects both a lack of clear thinking as also clumsy planning and implementation. While much fuss has been made in the media about logistical difficulties, most of these could be put down to ‘teething problems’ allowing for a very generous definition of the term. Essentially, the muddle is the cause of bad economics, not logistical difficulties. The economics was very simple to work out, perhaps easier even than the logistics. Before the government embarked on the project it ought to have worked out who the LNG was for and at what price was it going to be offered. It should have looked at the cost of the present fuel to the user and how much saving LNG would bring. Fuel-switching decisions are economic decisions. The question really was who would be willing to pay $14 per MMBTU for re-gasified LNG? Once we had identified potential takers the question of putting in a supply chain to meet demand was merely a technical one. Let’s look at the major users of gas one by one. The fertiliser sector uses it as feedstock and is presently being sold gas at the rate of $1-2 per MMBTU (Engro for even less). The domestic consumers receive it for between $1-3 depending on the slab the user falls into. For decades, gas has been hugely underpriced in Pakistan and that has led to excessive and wasteful demand and it has served as a disincentive to new discovery because the financial reward does not justify the cost of prospecting. The question of LNG apart, these prices need to be urgently reviewed as they are creating market distortions and leading to poor allocation of resources.
Moazzam Thu 07 May, 2015

It is simple economics - reduce the prices and demand will rise. That is what has happened in the case of fuel consumption in Pakistan when the impact of fall in international price was passed on to the consumers. From January-April 15, the sale of Mogas (petrol) has increased by 36 percent year-on-year. The average price of Mogas during the period was down by 34 percent year-on-year. In case of HSD, the consumption during 4MCY15 increased by 28 percent year-on-year, as the average prices reduced by 29 percent in the same period. Its a windfall for OMC marketing companies and dealers as their margins are fixed in rupees per liter sales. More they sell, higher is the profit. Not all of the increase in sales is due to sheer increase in demand at lower prices though. Part of is attributed to substitution from CNG to Petrol/diesel as the price gap between the fuels has narrowed down significantly to induce people to opt for easily accessible petrol in case of private vehicles and diesel for the use of public transport. The data of CNG is not readily available to show exact numbers. The substitution is good. BR research is a staunch opponent of using CNG as a transportation fuel especially in case of private vehicles. The premise is simple - the country is facing severe shortage of gas and the scarce indigenous resource must be used judiciously. This column has long argued for the use of pricing tool to set the priorities right. However, what happened in the past few years was exactly the opposite. The price distortions were in favour of vehicle users, incentivizing them to switch on the readily available cheaper alternate fuel that is the CNG. In June 2014, CNG prices were 46 percent of petrol equivalent while the government levied some tax to marginally reduce the discount to 50 percent in July 14. The gap was more than enough for marginal consumer to install a CNG kit and wait in the long CNG queues. Today, the CNG discount to petrol is shushed to 27 percent. Make no mistake as it is still lucrative for some to consume CNG but for others, the price of long queues and potential damage to vehicles is higher than the price differential. In absence of CNG consumption numbers, substitution hypothesis cannot be validated. The higher consumption led to unprecedented petrol crises in up-north in the winters. And now the government is ensuring higher imports, but in the process, import bill might keep on increasing to nullify the impact of drop in oil prices. The government realized that fully passing on the impact of fuel prices down to consumers could be counterproductive in January when it increased the GST from 17 percent to 22 percent on Mogas and HSD. One reason for the bold step was that the Dharna had ended and the government was facing the wrath of people due to acute shortage in North. But the government was unable to reverse the price cycle once it had passed the impact to consumers and is now trying to manage the price at current levels. In April, although international oil prices increased but the government decided against increasing retail prices and slashed the sales tax to earlier levels. Pakistan would do well to make the most of the opportunity provided by lower oil prices. Yes, the consumers deserve relief, but economic realities too deserve a look.
Ghulam Saeed Thu 07 May, 2015

Tahreek-e-Bahali-e-CNG chief organiser Raja Jahangir Akhtar has alleged that the government is pleasing influential textile sector at the cost of CNG industry. Speaking at a protest rally in Hassan Abdal, Jehangir Akhtar said that influential lobby of the owners of Captive Power Plants (CPPs) which is wasting gas worth Rs 70 billion per annum is one of the biggest hurdle is the resolution of the energy crisis in Pakistan. He said the powerful lobby which had been getting natural gas at dirt cheap prices since last five years without the permission of Ogra and Nepra was still enjoying unprecedented influence in the corridors of power. Those who are getting natural gas at 91 per cent discounted rates as compared to furnace oil are being patronised despite the opposition by the Planning Commission and Ogra while they have sent packing petroleum ministers and four federal secretaries which have terrified the bureaucracy.
Sardar Khan Thu 07 May, 2015

AOA Can Anyone please tell me when CNG is opening in Lahore
Aftab Malik Mon 04 May, 2015

AOA Can Anyone please tell me when CNG is opening in Islamabad????
Umair Sat 02 May, 2015

Govt. is not sincere to decrease the CNG prices.
Memon Ibrahim Tue 28 Apr, 2015

Govt. is not sincere to decrease the cng prices.
Memon Ibrahim Tue 28 Apr, 2015

yar cng price to decrease nahi huwa ha
irfan Thu 23 Apr, 2015

The price of CNG is still able to afford as compare to the price of petrol, usually I use CNG in my car.
Sultan Shah Wed 15 Apr, 2015

Prize Bond 750 Results 15th April: The denomination of prize bond Rs. 750 will hold at city Lahore, the draw results will be announced today in the evening time, Wednesday 15th, April 2015. According to the spokesman of National savings (Prize Bonds) of Pakistan, the winning amount of 1st prize is Rs. 1,500,000, while the three prizes are of Rs. Of 500,000 each has been reserved for 2nd position. Similarly, 3rd prizes of Rs. 9,300 will be awarded to each of 1696 winning numbers as well.
Omer Mengal Wed 15 Apr, 2015

he LNG import mystery got resolved on Thursday when it became known that the private sector, and not the federal government, had imported the first LNG consignment of 147,800 cubic meters. The private sector has thus saved the government from huge embarrassment as the latter failed to meet the deadline of importing LNG by end-March. The Universal Gas Distribution Company Private Limited and Pak-Arab Fertilizer are the two private sector companies that have imported the 60,000 tons of LNG of which 50 percent will be used by the CNG sector and the other 50 percent by the Pak-Arab Fertilizer Company. Federal Minister Shahid Khaqan Abbasi confirmed to The News that the said two companies had imported the first consignment of LNG in the vessel that has floating storage and re-gasification facility and ETPL had hired the FRSU vessel for 15 years. “FRSU has already berthed at Port Qasim.” The minister said that the government will be able to import LNG by April 15 and hoped that the final meeting on the LNG deal with Qatar will be held on April 1, 2015. The minister claimed that among the current contracts for LNG between suppliers and buyers, the Nawaz government will be able to ink flexibility of the contract. It will not be wise to discuss the contents of the LNG deal with Qatar when talks are still under way. However, the minister claimed that the government would be able to strike the best deal.
Salman Danish Thu 09 Apr, 2015

The Sindh CNG Association, a lobbying group of compressed natural gas (CNG) station owners, has demanded that the province should be exempted from gas outages like Balochistan and Khyber-Pakhtunkhwa. The association, which staged a protest followed by a press conference here on Thursday, also rejected the import of liquefied natural gas (LNG) from Qatar. “We are going to challenge both these issues in the Supreme Court,” announced Dr Zulfiqar Yousufani, the chairman of the association, alleging that the main purpose of LNG import was to pocket the commission. He backed the Sindh government’s stance against LNG import, stressing that provinces were not taken into confidence prior to the decision. Members of the association pointed out that districts like Mirpurkhas, Tando Allahyar, Sanghar and others in rural Sindh were not only enduring regular load-shedding of gas, but were also complaining about low gas pressure. Colonel (Retired) Dost Muhammad Chandio, a leader of the association, claimed that the low gas pressure damaged compressors at CNG filling stations besides affecting the mileage of vehicles. According to him, the districts with higher percentage of unaccounted for gas (UFG), a term used by Sui Southern Gas Company (SSGC) to refer to theft, were facing these problems.
Suleman Shaheen Thu 09 Apr, 2015

The ECC convened today to deliberate on the price of LNG, and accompanying price setting mechanism. Also on the agenda is the import of 380,000tons of urea to overcome the Kahrif season shortfall.
Rohail Khan Thu 09 Apr, 2015

Petroleum Minister Shahid Khaqan Abbasi announced on Monday to inject 200 million cubic feet per day (mmcfd) Liquefied Natural Gas (LNG) into system from March 31 (today). "As per commitment, we are going to add 200 mmcfd LNG into system imported from Qatar which would be enhanced to 400 mmcfd from December 2015," he said while addressing a press conference here. He added that LNG has been imported by private sector by back to back LCs with Pakistan State Oil (PSO). He also said that Pakistan and Qatar would hold talks to initial LNG supply deal on April 1 in Doha. He said that Pakistan would be striking best deal of LNG supply with Qatar compared to India and Japan. He said that Japan had inked LNG supply deal with Qatar linking price at 15 per cent of Brent. "We are going to secure better deal than other countries despite being new buyer," he said. "We had talked to other countries like Indonesia, Nigeria for import of LNG but Qatar was best option for Pakistan," he said adding that five attempts were made by previous governments to import LNG but failed. He said that they wanted bundled LNG import projects which was main reason of failure. However, he said that present government followed unbundled LNG project and even Qatar had appreciated efforts of Pakistan to set up LNG terminal on fast track basis. He said India had capacity of dealing 14 million tons annual LNG import and Pakistani terminal would have 2.8 million tons per annum LNG import. He said that IP gas pipeline project was delayed due to sanction and gas through TAPI would not reach before 2019.
Usman Kamal Tue 31 Mar, 2015

APCNGA summons meeting tomorrow to finalise nationwide protest, says tens of thousands unemployed due to govt’s ‘apathy’ towards CNG sector All Pakistan CNG Association (APCNG) Chairman Capt (r) Raja Shuja Anwar on Tuesday said that the CNG sector was being subjected to “forced bankruptcy” at the hands of the government across the country, which will not be permitted under any circumstances. The weather has normalised but the CNG stations are not allowed to resume operations leaving tens of thousands of workers jobless and forcing CNG owners into severe financial difficulties, he said. He said that forced closure of CNG outlets in Punjab since November 10 last year is “against the rules, law, ground realities, interests and rights of the masses”. Capt (r) Shuja added that the CNG closure is contributing to enhanced consumption of liquid fuels putting forex reserves and rupee under pressure. He said that CNG sector which is fully dependent on natural gas is facing repressive taxation and irrational pricing mechanism. “Our problems must be resolved immediately otherwise we will launch a protest with the help of transporters country wide,” he warned. He said that CNG sector is being taken towards forced closure/bankruptcy resulting in reducing billions of worth investment to rubble through fifth straight month that outlets are closed while duration of gas load shedding has been enhanced in Sind and reduced supplies in KP through intentional lowering of pressure.
Saleem Ahmed Zia Tue 31 Mar, 2015

To conclude the Liquefied Natural Gas (LNG) deal with Pakistan Qatari ruler Sheikh Tamim bin Hamad Al Thani is likely to reach Islamabad next week, it is learnt. According to sources privy to the developments, the Qatari ruler is expected to arrive in Pakistan on March 22-23. Sources said that as per plan, the first LNG shipment will reach Port Qasim later this month, adding that except pricing all other major factors of the LNG deal have been finalised. "We have three options to initiate LNG import; long-term agreement with the suppliers, short-term, and spot purchase, while the government is to strike a long-term deal with Qatar on government-to-government basis; keeping in view current international commodity prices Pakistan is likely get a price of $8 per Million British Thermal Units (MMBTU)," sources added. The government has also allowed Compressed Natural Gas (CNG) stations of Punjab to start LNG import to make their business operational, which dormant since November 2014 due to gas shortage. The owners of CNG stations have established a Universal Gas Distribution Company (UGDC) to commence LNG import by pooling their own resources. The CNG Association has informed the Petroleum Ministry that it could open up to $70 million worth letters of credit (L/Cs) for importing three shipments of LNG which would meet CNG sector's 45 days' requirement. The imports could be arranged in 10 days, it had told the government. So far the owners of 1,350 CNG stations have contributed to the initial paid-up capital required for the registration with the UGDC and it is expected some 2,000 CNG stations out of 2,300 operating in Punjab would become a part of the UDGC.
Mahmood Ashraf Thu 19 Mar, 2015

      
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