LAHORE, May 18 (INP): 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, Express News reported.
The Chairman of All Pakistan CNG Association’s (APCNGA) Punjab chapter, Captain (Retd) Shuja Anwar said that decision was taken following an increase of Rs7 in dollar price in the past few days. “CNG price is directly connected to dollar’s price hence an increase is 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.