| GEO Business | | CNG industry suffers owing to overbilling | Updated at: 0237 PST, Thursday, March 12, 2009
ISLAMABAD: Comprised Natural Gas (CNG) industry has been suffering miserably as the arrears and unpaid debts, due on CNG stations, have soared over Rs.300 million.
This was told by Chairman All Pakistan CNG Association Ghayas Paracha in his interview with Geo News on Wednesday here.
He said on account of overbilling from gas companies, the CNG industry has met intensive crisis and added the re-adjustment dues on some CNG stations are in delay for three years.
This situation has also adversely affected the investment in CNG sector, he remarked. |  |
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