Ending CNG loadshedding to help save Rs 600 billion annually, APCNGA

May 23, 2013 Off By Web Desk

Peshawar: The All Pakistan CNG Association APCNGA on Thursday said ending gas load shedding for Compressed Natural Gas CNG will help masses and government save Rs 600 billion annually.

Government has been providing cooked figures to misguide masses on the behest of influential lobbies which not only overburdened the public exchequer but also brought the CNG sector to brink, said Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA.

In a statement issued here today, he said that ending gas loadshedding will save Rs 600 billion annually in which Rs 400 bln will be under head of spending on petrol and Rs 200 bln on transportation and inflation etc.

He said that despite unprecedented gas loadshedding in last one year, masses saved Rs 270 billion in fuel expanses only.

According to the billing data of SSGC and SNGPL for the month of April 2013, CNG sector is using 256 mmcfd gas in which Punjab is using 129 mmcfd gases, Khyber Pakhtoonkhwa 63 mmcfd, while Sindh and Baluchistan are consuming 64 mmcfd, he said.

Ghiyas Paracha said that according to data CNG sector is using six per cent of the total national output of 4200 mmcfd but at the same time it is contributing Rs 32 billion per year as subsidy provided by the government to power, fertiliser and industrial sector.

In case load shedding stops, the subsidy being provided by the CNG sector will jump to Rs 75 billion, he said adding that disconnection of gas to the CNG outlets will burden masses by additional Rs 600 billion annually.

He is said CNG sector is being run on optimum efficiency level while the private power plants can achieve 29 per cent efficiency at best.

He said that CNG is a good tool to combat oil import bill, inflation and environmental degradation which is not being realised on the top level.

The leader of the CNG sector said that we are serving masses but the former government pushed us to bankruptcy to please lobbies and ensure personal welfare.

Now it has become almost impossible to run business as caretaker petroleum minister failed to keep any promise include just distribution of gas among all sectors, he said.