*After the hike of Rs70, the Combined Natural Gas (CNG) price has reachedthe highest level of Rs300 per kilogram. -*
The dealers have rejected the hike in CNG price as the fuel rate reachedthe highest level up to Rs300 per kilogram from Rs230.
CNG Dealers Association Chairman Abdul Sami Khan said in a statement thatthe federal government wanted to end the CNG sector as the Re-GasifiedLiquefied Natural Gas (RLNG) price was also jacked up without anyconsultation.
Khan said that investments worth billions are being wasted in the CNGsector. He added that CNG was considered a cheap fuel but the massive hikewill wipe out its demand.
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He demanded the federal government provide RLNG to the CNG sector atsubsidised rates, otherwise, it should completely end the CNG sector.
