Islamabad: The All Pakistan CNG Association (APCNGA) on Thursday said CNG sector should not be burdened with cross-subsidy.Gas distribution companies are minting billions of rupees from consumers under the excuse of line losses which should be noticed and gas price should be reduced, it said.Speaking at a public hearing of OGRA, the central leader of CNG sector Ghiyas Abdullah Paracha, said that CNG sector has been subjected to cross-subsidy to benefit other sectors which is unjustified therefore it merits a withdrawal.He said that gas utilities are making billions from consumers illegally by overstating UFG (line losses) which should be noticed and stopped. Ghiyas Paracha said that demand of gas distribution companies regarding an increase in the gas price is unfair and groundless which will hurt the CNG sector.All the hue and cry regarding UFG is a trick to maximize profits on the cost of consumers, he said, adding that increased tariff of gas will also increase the price of CNG which will hurt dealers, consumers, and the environment.The leader of the CNG sector said that hike in the price of gas will discourage CNG and encourage usage of petrol which will jack up oil import bill hitting forex reserves.He said that gas companies continue to present cooked up figures to OGRA and the Government to justify wrongdoings which should be stopped.Gas companies are reinforcing transmission network and laying new pipelines but the losses not coming down which is amazing, he observed. He said that over 450 billion have been invested in the CNG sector, millions of people are linked to it and it is paying the highest price to buy gas but it is subjected to step-motherly attitude.
from The News International - National http://bit.ly/2G7ca5e
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