Reviving hopes of CNG users, the government yesterday decided to divert a part of liquefied natural gas (LNG) expected to be imported next year to the transport sector.
The decision was taken at a meeting of the Economic Coordination Committee (ECC) of the cabinet presided over by Finance Minister Ishaq Dar. The committee referred a new policy about Liquefied Petroleum Gas (LPG) pricing to the Council of Common Interest (CCI) and disagreed to divert more natural gas to textile industry in given circumstances.
Informed sources said the ECC approved in principle the allocation of about 200 mmcfd of imported LNG for CNG sector on the request of All Pakistan CNG Association (APCNGA) to ease its difficulties particularly in Punjab as a quid pro quo. In return, the CNG industry would give up 22 mmcfd of natural gas it was currently getting from Sui Northern Gas Pipelines Limited (SNGPL) for utilisation in some other important area.
