Staff Reporter :
The investment of Tk 6000 crore in the CNG sector would fall in threat if the price of Compressed Natural Gas (CNG) is raised and petroleum price reduced.
“The decreased rate of petroleum will discourage people to use the environment-friendly CNG which may lead to an anarchy in the transport sector and bringing down the business of CNG stations towards disaster where huge money has already been invested, Farhan Noor, General Secretary of Bangladesh CNG Filling Station and Conversion Workshop Owners Association told a press conference at Dhaka Reporters’ Unity on Tuesday.
The CNG station owners arranged the press conference against the backdrop of the government’s move to lower the price of liquid petroleum and raise the CNG price.
Association President Masud Khan, who read out a written statement on the occasion, said: “We humbly appeal to the government, especially Prime Minister Sheikh Hasina, to consider our demand for the sake of the sector which was launched during her previous government’s tenure in 2002.”
Other leaders of the association, including its vice presidents Manoranjan Bhakta and Nazrul Islam, were present at the briefing.
General Secretary Farhan Noor said, a total of 590 CNG stations have been set up following the government’s decision to reduce air pollution in Dhaka city through the use of natural gas in motor vehicles.
He said the government always increases the CNG price whenever it increases the petroleum keeping a 50 percent difference between the prices of the two fuels.
“But, if the prices of liquid fuels are lowered and that of CNG price is upped, the gap will close and then the motor vehicles owners will refrain from using the CNG,” Farhan added.
He noted that the CNG sector consumes only 5 percent of the total gas consumption while it pays 22 percent of revenue to the national exchequer.
Farhan said their association convened a general meeting on April 23 to discuss the overall situation and take a decision depending on the government’s future decision.
He also protested the attack on a CNG station in Sylhet and refusal of police to register a case against the attackers.
The investment of Tk 6000 crore in the CNG sector would fall in threat if the price of Compressed Natural Gas (CNG) is raised and petroleum price reduced.
“The decreased rate of petroleum will discourage people to use the environment-friendly CNG which may lead to an anarchy in the transport sector and bringing down the business of CNG stations towards disaster where huge money has already been invested, Farhan Noor, General Secretary of Bangladesh CNG Filling Station and Conversion Workshop Owners Association told a press conference at Dhaka Reporters’ Unity on Tuesday.
The CNG station owners arranged the press conference against the backdrop of the government’s move to lower the price of liquid petroleum and raise the CNG price.
Association President Masud Khan, who read out a written statement on the occasion, said: “We humbly appeal to the government, especially Prime Minister Sheikh Hasina, to consider our demand for the sake of the sector which was launched during her previous government’s tenure in 2002.”
Other leaders of the association, including its vice presidents Manoranjan Bhakta and Nazrul Islam, were present at the briefing.
General Secretary Farhan Noor said, a total of 590 CNG stations have been set up following the government’s decision to reduce air pollution in Dhaka city through the use of natural gas in motor vehicles.
He said the government always increases the CNG price whenever it increases the petroleum keeping a 50 percent difference between the prices of the two fuels.
“But, if the prices of liquid fuels are lowered and that of CNG price is upped, the gap will close and then the motor vehicles owners will refrain from using the CNG,” Farhan added.
He noted that the CNG sector consumes only 5 percent of the total gas consumption while it pays 22 percent of revenue to the national exchequer.
Farhan said their association convened a general meeting on April 23 to discuss the overall situation and take a decision depending on the government’s future decision.
He also protested the attack on a CNG station in Sylhet and refusal of police to register a case against the attackers.
