According to Ghiyas Abdullah Paracha, a senior member of the All Pakistan CNG Association, the government could save around $778.93 million annually if it could immediately supply 50 million cubic feet per day (MMCFD) of locally unused natural gas to compressed natural gas (CNG).
According to Paracha, the plan can save the nation $587.26 million in foreign exchange while also bringing in an estimated $191.7 million in tax revenue annually.
He said that he is prepared to back up his claims in every arena and urged the government to provide the CNG industry with an even playing field on which to conduct business in order to conserve valuable foreign currency.
He claimed that because there are CNG stations all around the nation, the CNG industry is fully capable of providing inexpensive, alternative, and environmentally friendly fuel to motor vehicles right now.
It is important to note that there are 2,300 CNG stations in the nation, 1,100 of which are found in the provinces of Punjab, 600 in Sindh, 575 in Khyber Pakhtunkhwa, and 25 in Balochistan. As of right now, due to the lack of gas availability from December 2021, over half of Punjab’s CNG stations have stopped operating.
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