CNG sector ‘subjected to forced bankruptcy’
Islamabad: All-Pakistan CNG Association Central Chairman Captain (r) Raja Shuja Anwar has said that the CNG sector is being subjected to forced bankruptcy by the government across the country which will not be permitted under any circumstances. The weather has normalised, but the CNG stations are not allowed to resume
By our correspondents
March 25, 2015
Islamabad: All-Pakistan CNG Association Central Chairman Captain (r) Raja Shuja Anwar has said that the CNG sector is being subjected to forced bankruptcy by the government across the country which will not be permitted under any circumstances.
The weather has normalised, but the CNG stations are not allowed to resume operations leaving tens of thousands of workers jobless and forcing CNG owners into severe financial difficulties, he added.
He said that the forced closure of CNG outlets in Punjab since November 10 last year is against the rules, law, ground realities, interests and rights of the masses. He added that the CNG closure is contributing to enhanced consumption of liquid fuels putting forex reserves and rupee under pressure.
He said that CNG sector which is fully dependent on natural gas is facing repressive taxation and irrational pricing mechanism. “Our problems must be resolved immediately otherwise we will launch a protest with the help of transporters country wide,” he warned.
The weather has normalised, but the CNG stations are not allowed to resume operations leaving tens of thousands of workers jobless and forcing CNG owners into severe financial difficulties, he added.
He said that the forced closure of CNG outlets in Punjab since November 10 last year is against the rules, law, ground realities, interests and rights of the masses. He added that the CNG closure is contributing to enhanced consumption of liquid fuels putting forex reserves and rupee under pressure.
He said that CNG sector which is fully dependent on natural gas is facing repressive taxation and irrational pricing mechanism. “Our problems must be resolved immediately otherwise we will launch a protest with the help of transporters country wide,” he warned.
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