CNG price hike imminent…

According to this news item,

31pc hike in gas prices from July 1

By Zafar Bhutta

ISLAMABAD: Consumers will face a 28 to 31 percent hike in gas prices from July 1, as the Oil and Gas Regulatory Authority (OGRA) has allowed the two main gas utilities — the Sui Southern Gas Company Limited (SSGCL) and the Sui Northern Gas Pipeline Limited (SNGPL) — to provisionally increase the gas prices.

31 percent price increase means the price of CNG will touch Rs. 50 for the first time.

Here is a chart showing the increase in CNG prices recently


This amounts to a total increase of almost 73% in a span of less than 2.5 years!

Isn’t it about time we switched to bicycles for our commutes?

6 Comments so far

  1. alias on May 26th, 2008 @ 5:11 pm

    dude is this news confirmed
    from wat sources..?

  2. Tariq Khanani (tariqkhanani) on May 26th, 2008 @ 9:56 pm

    yaar kyun dara rahay ho
    after everybody spent heavy cash on installing cng kits, after so many new pumps, this is what we get. and so much for the cng buses. man this news can’t be true.

  3. Faisal.K (faisalk) on May 27th, 2008 @ 12:32 am

    mar gaye :(

  4. naeem on May 27th, 2008 @ 12:46 am

    not surprising!

  5. zeeshan on May 27th, 2008 @ 3:52 am

    I heard the news of the 30% increase from next month. Yup its true. What the heck is the new government doing? People wanted to see new (old) faces (again) and deliver. What the hell are they delivering? Oh yeah, the whole judge drama! Yeah, that’ll keep cars running :)

  6. Shamsi (shamsi) on May 27th, 2008 @ 4:36 pm

    Unless the Iftekhar Choudry Circus is shelved & left behind and REAL problems are focused Upon

    WAPDA, KESC, SSGC, OGRA will keep acting like a rowdy bull in the crystal shop.

    Shall I suggest –

    ONE Accredited blogger start a topic and we all gather data share for – pricing for daily consumption items in their respective areas.

    a. Eggs, b. Flour, c. Bread, e. Nan, f. Fruits (banana, apple, & watermelon) g. ICE, h. Fresh Milk

    We will all see the difference area wise.

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