CNG price to be matched with other fuels: Dr Asim

ISLAMABAD: Advisor to the Prime Minister on Petroleum, Dr Asim Hussain has said that Compressed Natural Gas (CNG) will not remain cheap in the coming days, as its price will be brought at par with other fuels.

Talking to media men here, Dr Asim said the CNG will be phased out from luxury cars and that talks were underway for LNG import.

"The phasing out of CNG sector will depend on the availability of gas," he said, adding use of CNG by public transport may be allowed but the this fuel cannot be allowed for vehicles like Land Cruiser and Prado.

He said if the talks for LNG import with the US companies conclude successfully, Pakistan would be able to import 2 to 3 billion mf gas.

The Advisor said that a summary proposing import of 1 billion mf LNG is being presented before the Economic Coordination Committee (ECC) of the Cabinet. Of this, the import of 200 million mf LNG would be for short-term and 80 million mf for long term use.