In the backdrop of Supreme Court directions, the Oil and Gas Regulatory Authority (Ogra) will hold public hearing today (Wednesday) in Karachi which will help determine a new price formula of CNG.
An official of Ogra told Online that following the Supreme Court directions the public hearing was going to be held in Karachi which will be chaired by Chairman Ogra Saeed Ahmed Khan.
Official further said that Regulator will consider all applicable suggestions of the stakeholders which will help settle on a new price formula of CNG as per the directions of apex court. Ogra has decided to solicit public opinion to determine the prices of CNG for which Regulator has been holding public hearing in three major cities of the country including Lahore, Islamabad and Karachi.
Ogra held meeting on CNG price on November 23 in Lahore and that kind of second meeting in Islamabad on November26 and Karachi will be the venue for a public hearing today(Wednesday).
The demand audit report of the CNG stations and proposals from the regulator will be put forward before the masses and report which will be compiled after the people were approached for their opinions, will be produced before the Supreme Court on December 5.
Chairman Supreme Council CNG Associations Ghyas Paracha has expressed the hope that Ogra would fix a price that would not become burden for the CNG station owners and the people. Paracha also called for reduction in CNG taxes and surcharges.
Fix a good price OGRA so that awaam continue to suffer and the rich CNG station owners become even richer.
Any CNG station refusing to open should have their licenses cancelled by the authorities as they are unable to run their businesses in accordance with orders of the supreme court. SC is the highest law body in the country and we have to follow its orders under all circumstances.
What the hell is OGRA doing wasting so much time. Formula is simple Actual Price on which Gas purchased+ DIrect/Indirect Cost + Taxes+ Profit rate = CNG rate.
cng fix price 80 rupees karachi
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