RAWALPINDI: The All Pakistan CNG Association (APCNGA) on Tuesday said unilateral hike in gas tariff and cut in the fuel (CNG) prices by the government would render their business unfeasible.

The Oil and Gas Regulatory Authority (Ogra) recently reduced the CNG price by 53 paisas for region 1 Khyber Pakhtunkhwa, Balochistan and Potohar Regionand Rs4 in region 2 -inner Punjab and Sindhfrom September. Besides, the government on Monday increased the gas tariff by up to 67 per cent.

However, many CNG filling stations in Potohar region are selling Liquefied Natural Gas (LNG) for which the price has not been changed.

In a statement on Tuesday, Shuja Anwar, Central Chairman of APCNGA, termed the recent increase in the tariff illegal as for CNG sector the Ogra could announce the prices twice a year on January 1 and July 1.

He said the gas prices are linked to the international oil prices which have been retreating for long.

He said the ministry of petroleum had repeatedly been asked to cut Re-gasified Liquefied Natural Gas (R LNG) prices but to no avail.

`Gas utilities and the PSO are importing the LNG and supplying it to other cities at unreasonable high rates which must be brought down for the survival of the CNG sector and the benefit of the consumers,` he said.