APCNGA opposes SNGPL's move to increase gas tariff.

ISLAMABAD -- The All Pakistan CNG Association (APCNGA) on Wednesday opposed the Sui Northern Gas Pipelines Limited's (SNGPL) move to increase the natural gas tariff for the fiscal year 2020-21, during a hearing held by Oil and Gas Regulatory Authority here.

Speaking on the occasion, APCNGA Central Chairman Ghiyas Abdullah Paracha said existing gas price was also unjustified as the energy prices in international market had declined significantly, a news release said.

In June 2019, he said Oil and Gas Regulatory Authority (OGRA) had determined the price of gas at Rs637 per Million British Thermal Unit (MMBTU) but the tariff was increased to Rs1283 for the CNG sector without following the laid down procedure.

He said the price of local gas was linked with crude and high sulfur furnace oil rates, which had come down by 35 to 50 percent, therefore, the gas price could be...