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GreenBeret
Reduction in price by the government
Thursday, August 14, 2008
Khalid Iqbal

Rawalpindi

All Pakistan CNG Owners Association Wednesday announced to observe complete strike on August 15 against the government decision of fixing the new rate of CNG at Rs39.6 against previous price of Rs48.36 per kg.

The decision has been taken in an emergency meeting of All Pakistan CNG Owners Association on Wednesday.

Oil and Gas Regulatory Authority (OGRA) issued a notification to all CNG pump owners on Wednesday to implement new rates of gas from August 15.

All Pakistan CNG Owners Association Vice-Chairman Gahyas Ahmed Paracha told ‘The News’ that Oil and Gas Regulatory Authority (OGRA) did not invite members of CNG association for consultation while fixing new rates of CNG. “We reject the decision of government to sell CNG at Rs39.6,” he added.

The association directed all CNG pumps to sell gas at Rs48.36 per kg. He said that under a wrong formula government took the decision to decrease CNG prices.

He said we will not accept the decision at any cost and would go on strike for an indefinite period throughout the country. “We are getting CNG at Rs45 per kilogram including all expenses bearing the huge burden of government tax, which is up to 54 per cent. We are only getting Rs3.36 profit on selling 1-kg gas, which is not sufficient therefore we have time and again written to secretary Ministry of Petroleum and chairman OGRA for a meeting on matter of gas prices, but they have not paid heed to our demands,” he added.

The Oil and Gas Regulatory Authority (OGRA) official spokesman told ‘The News’ that the new rate of CNG has been fixed at Rs39.6 according to the directions of Ministry of Petroleum. “The new rates would be applicable from August 15 and the authority would strictly monitor all pumps to check new rates. All pumps should implement new prices of gas otherwise they would face strict action, the spokesman warned.

Talking to ‘The News’ a CNG consumer Umar Ayub said, “The government gave us a gift on Independence Day.”

Saba Rafiq, another CNG consumer said, “Government should make sure that all CNG stations remain open on August 15 and afterwards. If they will go on strike it will be problematic for us.” “There should be mutual accommodation between government and CNG owners on price matter. The public transporters including Suzuki, taxicabs should also decrease the fares with decreasing rates of CNG at Rs39.6 against Rs48.36 per kg in the country, she added.
http://www.thenews.com.pk/daily_detail.asp?id=129954
azharsaadat
Bhenchood in CNG stations should be banned or disallowed selling CNG if they do not sell on the govt price.

Also they are very happy when prices are increased but when prices are said to be down they all became one ###### and say we will strike, govt should take a very harsh step towards these kinds of cartels.

Also should not pay 1 paisa more then the govt price thats the only way to stop this gangs of assholes.
zionist
QUOTE(azharsaadat @ Aug 14 2008, 07:58 AM) *
Bhenchood in CNG stations should be banned or disallowed selling CNG if they do not sell on the govt price.

Also they are very happy when prices are increased but when prices are said to be down they all became one ###### and say we will strike, govt should take a very harsh step towards these kinds of cartels.

Also should not pay 1 paisa more then the govt price thats the only way to stop this gangs of assholes.

O yaar, how can they sell @39 when they are buying @ 45? Will you do this kind of business? Comon, think with your brain.
Danish Moazzam
sui gas sells them gas @ ~ Rs. 21.5 including all taxes, now tell me what should be the price of cng considering the setup cost and the maintainence.
zionist
QUOTE(Danish Moazzam @ Aug 14 2008, 12:02 PM) *
sui gas sells them gas @ ~ Rs. 21.5 including all taxes, now tell me what should be the price of cng considering the setup cost and the maintainence.

I don't know what Sui sells them @. I am quoting the article in the first post. If Sui sells them @ 21.5 then they definitely have to sell at the government quoted price of 39.
Danish Moazzam
QUOTE(zionist @ Aug 15 2008, 12:34 AM) *
I don't know what Sui sells them @. I am quoting the article in the first post. If Sui sells them @ 21.5 then they definitely have to sell at the government quoted price of 39.



i am not sure about the exact price but this is what i heard on news that ogra claimed cng stations were getting their gas at

here from geo dated 13th August 2008

KARACHI: All Pakistan CNG Association has expressed reservations on the government’s likely move to bring the prices of CNG down approximately to Rs39.60 per kilogram.

Talking to Geo, an official of the CNG Association informed that a draft has been prepared by OGRA to reduce the prices of CNG.

Legal complications are being for releasing of the draft.

The base price of gas is being fixed at Rs22 while administrative expenses at Rs11 and return on investments at Rs6.60, sources said.
GreenBeret
Strike call by CNG stations unjustified, says politician



Friday, August 15, 2008
By our correspondent

PESHAWAR: Awami National Party (ANP) leader Barrister Bacha has termed the strike call of the All Pakistan CNG Owners Association against the Oil and Gas Regulatory Authority's decision to fix the CNG price at Rs 39.6 as unjustified and illegal.

In a press statement issued here on Thursday, he said it was as a result of the faux pas by the Petroleum Ministry that the CNG stations had embarked upon looting consumers by charging them a totally unrealistic and exorbitant price.

Expressing satisfaction over the correction of the position by the OGRA by fixing a realistic price of Rs 39.6 per kilogram, he said the government should not allow the CNG stations to charge more.

In an appeal, he asked all to stand up against the illegal acts of CNG stations by refusing to patronise those stations that sell CNG at prices higher than fixed by the OGRA. Barrister Bacha requested the OGRA to ensure that all the CNG stations throughout the country prominently display the OGRA prices and that they should not be allowed to fiddle with their gadgets supplying less quantity of the gas to consumers.

http://thenews.jang.com.pk/daily_detail.asp?id=129970
schmuck
only problem is about stocked CNG.
if govt increases price from say 30 to 40, the stocked CNG rate increases overnight, although it was bought on old price like 20-25.

if govt sets it back, these bloodsuckers come out with excuses that how can we sell on lesser than what we bought. govt should tell them to go to hell with this argument. these people make money on half truths.
Asad
How can we expect other CNG stations to comply when PSO itself is selling CNG at its stations for over Rs.48/Kg?
schmuck
QUOTE(Asad @ Aug 15 2008, 10:14 PM) *
How can we expect other CNG stations to comply when PSO itself is selling CNG at its stations for over Rs.48/Kg?

Hamam main saray nangay hain
zionist
QUOTE(schmuck @ Aug 16 2008, 01:22 AM) *
Hamam main saray nangay hain

LOL LOLANI.GIF hit the nail on head W00T.GIF
Psycoo
i wonder how they'll blame mush for the strike
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