CNG (Compressed Natural Gas) is a popular alternative fuel source in Pakistan due to its affordability and environmental benefits. As with any fuel, the price of CNG in Pakistan today 2023 is subject to change based on a variety of factors, including global oil prices, local supply and demand, and government policies. At LahoriMela Finance, we provide up-to-date information on the current CNG prices in Pakistan, so you can make informed decisions about your fuel consumption and budget. Our team of experts works hard to ensure that our readers have access to accurate and reliable information on a range of financial topics, including energy prices, market trends, and investment strategies. Whether you’re a business owner, investor, or consumer, we aim to provide you with the insights and resources you need to thrive in today’s dynamic economic landscape.
CNG, which stands for Compressed Natural Gas, is a commonly used fuel source that is also known as Sui Gas. Here we will tell you CNG Price in Pakistan Today 2023. CNG is a gaseous fuel made from natural gas, which is composed primarily of methane. It is stored in high-pressure cylinders and used as fuel for vehicles, buses, and other forms of transportation. CNG is a popular alternative to traditional gasoline and diesel fuels because it is less expensive and produces fewer harmful emissions.
CNG Price in Pakistan
The CNG price in Pakistan is regulated by the government and is adjusted on a monthly basis. The price of CNG is determined by a number of factors, including the international market price of natural gas, the cost of transporting and distributing the fuel, and taxes and duties imposed by the government. The cost of compressed natural gas (CNG) varies between Region I and Region II in Pakistan. Region I, which includes areas such as Islamabad, Rawalpindi, and Balochistan, has a lower CNG price of Rs 199 per kg. On the other hand, Region II, which comprises Punjab (excluding Potohar Region) and Sindh, has a higher CNG price of Rs 199 per kg.
Advantages of CNG
CNG has several advantages. Firstly, it is cost-effective, which means that it can help you save money on fuel costs. Secondly, it is environmentally friendly as it produces fewer harmful emissions than other fuels. Moreover, CNG has a high octane rating which allows it to produce more power than gasoline. Lastly, CNG burns cleaner which can help increase the lifespan of your engine.
Disadvantages of CNG
Here are some of the disadvantages of using CNG. One of these is the limited availability of CNG in certain regions of Pakistan, making it challenging to find a refueling station. Additionally, CNG has a shorter range than gasoline, meaning that you may need to refuel more often. Safety concerns are another potential issue with CNG, as it is stored in high-pressure cylinders that can be hazardous if mishandled.
CNG Prices in Pakistan today list, sourced from the Oil and Gas Regulatory Authority (OGRA) website, displays the current prices of CNG for Region I and Region II.