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Home Business & Stock

CNG price raised by Rs 2 per kg in Punjab

MM News Staff by MM News Staff
November 7, 2020
Reading Time: 1 min read

LAHORE: The price of compressed natural gas (CNG) has also been increased by Rs 2 per kg in Punjab after the surge in Liquefied Petroleum Gas (LPG) price.

According to sources, “CNG is now available for Rs79.20 across Punjab”. Earlier, Oil and Gas Regulatory Authority (OGRA) had issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of November.

As per the notification, the authority increased the locally produced LPG price by Rs114.05 per cylinder of 11.8 kg. Meanwhile, OGRA had fixed the LPG rate at Rs129,689.49 per metric tonne (MT) for the month of November.

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On October 26, the Oil and Gas Regulatory Authority (OGRA) has notified revised gas sale price for domestic, commercial and industrial sectors.

According to a notification, the authority had determined Rs121 per Million British Thermal Unit (MMBTU) for domestic consumers using up to 0.5hm3 (in cubic hectometers) gas per month.

The notification had said Rs300 per MMBTU for users of up to 1hm3, Rs553 per MMBTU for up to 2hm3, Rs738 on the consumption of up to 3hm3, Rs1,107 and Rs1,460 per MMBTU for consuming up to 4hm3 and above 4hm3, respectively.

The billing mechanism will be revised so that the benefit of one previous/preceding slab is available to the domestic consumer (residential use), determining minimum charges at Rs172.58 per month.

 

 

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