CNG Prices Should Remain Unchanged until 17th December: SC

This Thursday Supreme Court has ordered that the CNG prices should not be changed until 17th December and it also ordered to cancel the licenses for those station owners who did not get audited or who refuse to.

The issues of CNG prices were heard by the bench of two-member Justice Khilji Arif Hussain and Justice Jawad S Khawaja.

The records of tax paid in the past three years by CNG station owners were submitted before the court by the officials of the Federal Bureau of Revenue (FBR). According to the report submitted by FBR, Rs. 4.08 billion is tax amount paid by CNG station owners in the last three years. In the year 2009 Rs. 1.008 billion was paid, likewise in the year 2010 Rs. 1.42 billion was paid and in the year 2011 Rs. 1.0065 billion was paid.CNG 300x199 CNG Prices Should Remain Unchanged until 17th December: SC

One day earlier, detailed information that was concerned about the issue of license by the regulatory authority was submitted by the officials of Oil and Gas Regulatory Authority (OGRA) which was wanted by the apex court.

About applications for CNG stations

Between the year 2002 and 2011 OGRA received 6,471 applications for the issuance of the license for CNG station, in which only 6,152 applications were accepted. During the period 131 warning notices and 380 show-case notices were issued.

More from OGRA officials

OGRA officials said that for issuing the license of CNG station the audit reports and tax details are not required. In the past three years the filling stations which were inspected were numbered to 1,273 and on various reasons, 10.735 million rupees were the amount collected as a penalty.

How CNG owners are earning extra money

According to Justice Jawd S Khawaja, showing operating cost, the CNG owners are earning Rs. 31 per kg for the last four years. He added that the OGRA’s job is to decide the price and if the organization did not work properly they will get involved.

About the court order

Until the next hearing which is adjoined until December 17, the price of CNG should remain as it is.

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