Can't sell CNG at existing price: APCNGA

By AFP
November 26, 2012

ISLAMABAD: Talks between the All Pakistan Compressed Natural Gas Association and Oil and Gas Regulatory Authority held here...

ISLAMABAD: Talks between the All Pakistan Compressed Natural Gas Association (APCNGA) and Oil and Gas Regulatory Authority (OGRA) held here today ended inconclusively.

The APCNGA firmly held on to its stance of not selling CNG at the existing prices enforced by OGRA in line with the Supreme Court's orders.

The representatives of APCNGA, CNG Owners Association and CNG Dealers Association held negotiations on the

Later, talking to media men, OGRA Vice Chairman Sabir Hussain said the demands put forth by the CNG Association were heard and such a price of CNG is being worked out which is acceptable to all stakeholders.

President APCNGA, Ghias Paracha said it had been made clear to OGRA that CNG stations cannot be operated at the existing price of the commodity.

Chairman CNG Dealers Association, Abdul Sami Khan said OGRA seems to be completely helpless as a regulator.

Next Story >>>

More From Business