ISLAMABAD, April 16 (SABAH): Managing Director of the Sui Northern Gas Pipelines Limited (SNGPL) has said that supply of gas to the CNG outlets will be improved in Punjab while price of the fuel will be reduced.
He said that losses of the gas company have been reduced which will be further reduced due to our serious efforts.
MD of SNGPL Amjad Latif said this while talking to a delegation of the stakeholders led by Ghiyas Abdullah Paracha, Central Chairman All Pakistan CNG Association (APCNGA).
The delegation congratulated Amjad Latif on assuming charge and hoped that he will use all his best abilities to improve the overall situation.
Amjad Latif said that losses of the gas utility have been brought down from ten percent to eight percent and the same will be reduced to seven percent by July.
He said that the regasification charges of LNG have been reduced which will help in cutting the price of CNG which will benefit masses and the dealers.
The prices of CNG will be reduced as soon as the quorum or OGRA is completed, he said.
At the occasion, Ghiyas Paracha said that Mr. Latif has a career spanned over 35 years and he holds extensive experience in transmission, distribution, construction, operations, and maintenance of natural gas pipeline systems.
He has served on many important positions and contributed towards efficient operations of the gas company while reducing losses therefore business community is pinning high hopes on him.