ISLAMABAD - CNG associations of the country Wednesday claimed that Oil and Gas Regulatory Authority (Ogra) reduced the prices of the CNG contrary to the order of apex court, which is causing loss of Rs18/kg to the retailer.

However, sources aware of the matter reliably said that CNG price issue would be resolved till 12th November after the completion of short-term audit under which production cost of the CNG stations would be settled and then controversy would witness an end.

Top leadership of All Pakistan CNG Association (APCNGA), dealers, and owners association called on Chairman Ogra on Wednesday and submitted their audited accounts of last two years to the regulator. After holding meeting with Ogra Chairman, Ghias Abdullah Paracha, Chairman APCNGA, while talking to the media persons said that the government is charging heavy tax worth of Rs24.33/kg on CNG and Ogra has not decreased the taxes despite the order of Supreme Court. He said once robust business of CNG is currently facing heavy loss of Rs18/kg in Region-I and Rs13/kg in Region-II with effect to Ogra’s notification issued on 25th October, adding that it has become impossible to run the business on current prices of the CNG in the country as there is a wide difference between the business of petrol and CNG.

Chairman CNG Dealers Association Abdul Sami Khan said under the constitution one can’t be forced to run the business.

However, Chairman Ogra has said that it is the sole responsibility of the Ogra to determine the prices of the commodity. He said the apex court has not advised the regulator to decrease the taxes.

He, however, has written to the gas companies to give information/details to Ogra about the closed CNG stations. Chairman Ogra also made it clear that strict measures would be taken against those CNG stations, which have stopped sale.