fatman17
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Pakistan worlds second in developing CNG infrastructure
ISLAMABAD: Owing to price differential between CNG and gasoline, the CNG has brought investment of more than Rs 45 billion during the last five years.
According to Oil and Gas Regulatory Authority (OGRA), the CNG sector has shown tremendous growth as more than 1,080 operative CNG stations were set up in the country bringing investment of more than Rs 45 billion. Over 1,450 CNG stations were operating in the country while about 900 were at various stages of completion.
During last financial year, the authority issued an additional 2,218 licences for construction of CNG stations, which means further investment of about Rs 28 billion is in the pipeline. Pakistan has taken a lead role in developing CNG infrastructure and at present, it is second in the world after Argentina.
In 2005-06, total number of operational CNG stations was 965, which increased to 1,450 in last year thus showing growth rate of 50 per cent and similarly CNG vehicles rose to 1,200,000 with growth rate of 20 per cent in the same period. app
ISLAMABAD: Owing to price differential between CNG and gasoline, the CNG has brought investment of more than Rs 45 billion during the last five years.
According to Oil and Gas Regulatory Authority (OGRA), the CNG sector has shown tremendous growth as more than 1,080 operative CNG stations were set up in the country bringing investment of more than Rs 45 billion. Over 1,450 CNG stations were operating in the country while about 900 were at various stages of completion.
During last financial year, the authority issued an additional 2,218 licences for construction of CNG stations, which means further investment of about Rs 28 billion is in the pipeline. Pakistan has taken a lead role in developing CNG infrastructure and at present, it is second in the world after Argentina.
In 2005-06, total number of operational CNG stations was 965, which increased to 1,450 in last year thus showing growth rate of 50 per cent and similarly CNG vehicles rose to 1,200,000 with growth rate of 20 per cent in the same period. app
