ISLAMABAD - Advisor to Prime Minister on Petroleum & Natural Resources Dr Asim Hussain on Tuesday declared that a decision to allow CNG only in public transport has been taken and all is set to ban CNG for above 1000CC vehicles.

Dr Asim stated this while addressing Annual Technical Conference organised by Pakistan Association of Petroleum Geoscientists here at a local hotel.

He said if usage of Compressed Natural Gas (CNG) as a fuel in vehicles has not been discouraged then all vehicles would convert on CNG and if usage of CNG goes on in the cars then it would be difficult to meet country’s need as currently fertilizer and industrial sectors of the country are facing shortage of gas.  He further said that owing to low price of the commodity, consumption of CNG has witnessed increase.

“Owners of CNG stations are earning profits even at current level of CNG prices because if they bore losses then they would have closed their stations,” said Dr Asim, adding, “filing of CNG in Prado and Pajero cannot be granted and work is in progress to impose new tax on CNG in a bid to reduce price difference between petrol and CNG which in result would make CNG price hike in comparison to petrol price.” 

Meanwhile, talking to the media, Dr Asim once again reiterated his previous stance to wipe out CNG industry in phase wise. Rejecting the recommendations of a subcommittee of national assembly standing committee on petroleum & natural resources entrusted with credible task of monitoring the entire affairs of petroleum ministry, the Advisor also make it clear that CNG price and imposed tax on it cannot be decreased.

He also blamed the members of the subcommittee for striving to get their personal work done as he was of the view that committee did not review national interests while giving recommendations, as these were not in line with the national interests.

Over much hyped and long pending Iran-Pakistan (IP) gas pipeline project, Dr Asim Hussain told that both countries have mutually resolved different affairs of the gasline project. During his last week visit to the neighboring country, he had signed an initial agreement with Iran.

Under this agreement, Iran would provide $500 million for the project. Without mentioning the name of Irani company which would lay pipeline to Gwadar from Iranian border, he simply mentioned that an Irani company will construct pipeline in Pakistan side. However, Pakistan would pay for additional expenditures by utilising Gas Infrastructure Development Cess (GIDC).

Dr Asim further told media that Pakistan would pay loan at the time payments of Irani gas. No sanction imposed on the procurement of gas from Iran, he added.