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  • Dec 15th, 2012
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The Oil and Gas Regulatory Authority (OGRA) has received audited accounts of nearly 2,000 Compressed Natural Gas (CNG) stations from across the country, an authority official said. The official said that on the directives of the Supreme Court (SC), the regulatory body has directed all CNG stations for the submission of audit reports so that actual cost of the commodity could be determined.

"We have received audited accounts from nearly two thousand CNG stations, which include bills, gas, electricity along with other expenses," he said. The official added that audited accounts of the remaining CNG stations will be collected within next two days, which would be presented before SC on December 17.

Meanwhile, All Pakistan CNG Association (APCNGA) has said that the delay in fixing retail price of the CNG despite directives of the Apex Court is injustice to masses and CNG operators. "We have provided all the documents, which have been verified and given different options to keep the business intact," Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA said.

He said that ignoring any substantiated evidence during the process of fixing prices will be illegal which will block the resolution of the issue. APCNGA has provided all the details of gas and production cost to the ORGA negotiators, which will be submitted to the Supreme Court, he added.

Paracha said that OGRA has accepted that gas companies are charging more from CNG stations under Gross Calorific Value (GCV). Similarly, the representatives of SSGC and SNGPL have accepted over billing in the high altitude areas of Hazara and Balochistan and assured to resolve the problem. He informed that no development has taken place on the issue of gas price, Gas Development Surcharge (GDC) and Gas Infrastructure Development Charges (GIDC). He said that federal government can review reduction in the taxes to benefit masses. Paracha said that SSGC has closed hundreds of CNG filling stations on one pretext or the other, which should be reopened.

Copyright Business Recorder, 2012


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