Petrol Price have been reduced by 8.48 Rs along with reduction in other petroleum prices

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petrol pump filling noselFew days back while recommending the petroleum prices for March 2016 OGRA (Oil and Gas Regulatory Authority), had recommended the 8.48 Rs decrease in price of petrol, which eventually have been approved by government today. The new price of petrol is set to Rs. 62.77 per liter. The price of High Speed Diesel (HSD) was also reduced by 4.67 per liter by setting it to the Rs. 71.12 per liter.

Light Diesel price was also Reduced by Rs. 1.97. Also, OGRA had recommended the increase of Rs. 1.66 in prices of Kerosene oil, which was not approved, resulting in no change in prices of Kerosene oil.

Reduction of all the prices was resulted by dropping prices of petroleum products in the international market. Normally, OGRA announces the change in petroleum prices, however, this time as mostly the prices were being reduced, so Prime Minister Nawaz Sharif did not let go the opportunity to announce the price drops. He also mentioned that Pakistan is only country in region which is passing the drop in fuel price to the masses. But in reality, in percentage government of Pakistan is taking much more tax on every litter than they were taking, when the prices were on peak.

Despite Recommendation of OGRA PMLN Led Govt Fails to Pass on full benefit of low Petroleum prices to Pakistani People

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Petrol Prices in Pakistan in PMLN EraAs per trend, last few months as well, the petroleum prices declined in international market. Pakistan’s Oil and Gas Regulatory Authority (OGRA) also recommended that Pakistan can reduce petrol and diesel prices by at least six rupees. Now  OGRA is main authority which recommends the petroleum prices in Pakistan, so when it is say we can reduce price by 6 rupees or more, we absolutely have margin to do that.

Normally, when OGRA decides a price and it goes to Prime Minister office for approval, it is accepted as it is. But this time our beloved PM Nawaz Sharif chose not to pass on the benefit to people of Pakistan, so instead of accepting the OGRA’s price reduction of 6 Rupees and few Paisas to petrol and diesel, he just chose to reduce price by only 3 rupees for both.

People already were giving enough sales tax on petroleum, so this stunt by PM resulted in increasing the already excessive sales tax on petroleum prices. So people are forced to give about 27% of sales tax on petrol when the standard rate is nothing more than 17%.

Most bothering thing is these politicians, like the ones in power do not want to pass on any relief to people of Pakistan, even when they can. Along with other ever growing taxes in PMLN (Pakistan Muslim League – Nawaz) Era, not choosing to go with recommended fuel prices will put further burden on People of Pakistan. Fuel prices impact prices of each and every thing in the country and such decision do not bring any good to people’s lives.

People of Pakistan resort to dangerous gas pumping devices for their homes as govt sits idle

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gas compressor to increase pressure - Very DangerousIt is winter season, we have not seen the first rain of the season yet but as the temperatures are dropping the problem of Natural Gas Shortage is getting worse. Daily more and more house hold Natural Gas consumers are getting deprived of supply of gas supply in their burners and stoves, just let alone the room or water heaters.

As the shortage issue raised people have started finding their ways to suck more gas out of Sui Nortren Gas Pipe Lines’ (SNGPL) network. Some AC and Refrigerator technicians have found new application of the gas compressors which are used in Refrigerators and ACs. They have started installing these compressors in homes of people, they run on electricity, so they suck the gas of whole area in this case most of houses sit idle with no Gas the one with these compressors have more than enough gas sucked towards their stoves.

It just not stopped here, now small gas pumps are available in the markets, which are really easy to install in homes. They are being sold in prices from 1500 to 6000 Pakistani Rupee.

Story does not end here, these compressors and Gas Pumps are really very dangerous. If you are not careful, a blast in your home is evident, it could blow your gas line and even a major mishap could happen involving life and death situations.

Now come the responsibilities of Gas supply companies like SNGPL and SSGPL, the Oil and Gas Regulatory Authority (OGRA) and Pakistani government. But none of these have played their role to eradicate such dangerous devices or even stopping people from installing them. Meanwhile, these devices are openly being sold in market. Using any of such device is nothing less then putting your family on risk for smooth supply of gas.

If one home in a neighborhood installs such device, the already low pressure of gas almost dies for other houses, then if one or two more houses install them, the stoves of other homes just die with no gas at all, so what happens is everyone have to resort to one of such device for getting the gas. The circle goes back to the initial situation but now along with gas everyone will also be using power, as they cook food. And who doesn’t know here that we are currently going through power crisis here in Pakistan, so it must be conserved.

Government, OGRA or even the gas supply companies have fully failed to play their roles to stop such malpractices. People of Pakistan have just got one more ticking bomb which could kill them earlier than they should. Yet again the Politicians and Ruling party are showing no concern.

Its just not assumptions, blasts did happened in couple of cities and more could happen if its not controlled. Even the Gas supply pipes would start to raptures due to extensive vacuum which is created by these gas sucking devices resulting in loss of Natural Gas.

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Hilarious decrease in price of CNG

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As recently Oil and Gas Regulatory Authority (OGRA) had increased the price of CNG by Rs. 8 on December 30th 2011.  That triggered the strike from the CNG association as well as from the pubic transport unions. One other reason was closure of CNG for more than half a week each week so public transporters were not being able to get tanks filled.

Yesterday after success of the dialog between CNG Association/Transporters and OGRA, OGRA with other measures taken also had told transporters/CNG Association that they will decrease the price soon.

Today this hilarious decision came from OGRA, which is that price of CNG have been decreased 36 Paisas.  As just few days back the price was increased by 8 Rs, decrease of 36 Paisas is only  4,5% of recent increase and is less than 0.5 percent of price of CNG.

This price decrease of 0.36 Paisas is like current government is kidding their people by putting OGRA in front. Also no justification was given about why per KG price is increased by 8 Rs and why its decreased by only 4.5 Paisas.

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