LAHORE: The Compressed Natural Gas (CNG) dealers in Punjab on Saturday announced that they would increase the fuel price by up to Rs3 per kilogramme, citing an increase in dollar price as the reason behind the decision.
With the move, the price of RLNG-based CNG has increased from Rs79.90 to Rs82.79 in the province, a private media outlet reported.
All Pakistan CNG Association’s (APCNGA) Chairman (Punjab chapter) Captain (r) Shuja Anwar said that the decision was taken following an increase of Rs7 in the price of US dollar in the past few days. “CNG price is directly connected to dollar’s price hence an increase was inevitable,” he explained.
Punjab imports Re-Gasified Liquefied Natural Gas (RLNG) for the production of CNG whereas other provinces use locally produced natural gas for the same.