Pakistan is an energy-starved country and has been grappling with a worsening power crisis for years. The country has been trying to find ways to reduce its dependence on imported fossil fuels, and one way it has done this is by promoting the use of compressed natural gas (CNG).
CNG is a cleaner and cheaper alternative to petrol and diesel, and the Pakistani government has been offering subsidies to encourage people to switch to it.
Prices of CNG in Pakistan Today
The price of CNG (compressed natural gas) in Pakistan has seen a sharp increase in recent months, causing many consumers to switch back to using petrol or diesel.
The current price of CNG is PKR 85.50 per kg, up from just PKR 45.00 per kg in December 2016. This represents an increase of nearly 90% in just over six months.
The main reason for the price hike has been the increase in global crude oil prices, which have risen from around $50 per barrel at the end of 2016 to over $70 per barrel currently.
This has led to an increase in the cost of imported liquefied natural gas (LNG), which is used to produce CNG. In addition, the Pakistani government has also imposed a new tax on CNG sales, further pushing up prices.
Today CNG Price in Pakistan Latest Updates 2022
|CNG Products Prices in Pakistan||Rates/KG|
|CNG Region-I (Baluchistan, KPK, Potohar, Rawalpindi, Islamabad, Gujar Khan)||Rs. 145/Kg|
|CNG Region-II (Sindh and Punjab excluding Potohar region)||Rs. 195/Kg|
In conclusion,the current price of CNG in Pakistan is relatively affordable when compared to other countries. However, the government has been working to make it more affordable for Pakistani citizens by providing subsidies and tax breaks. Despite these efforts, the high cost of living continues to be a major challenge for many families in Pakistan.