STAFF REPORTER
KARACHI The All Pakistan CNG Association (APCNGA) on Monday said imported LNG has become cheaper than the locallyproduced natural gas. Government should promote LNG and waive customs duty on the fuel while putting a limit on local production to save billions of dollars, said Ghiyas Abdullah Paracha, Central Chairman APCNGA. Such a decision will help save precious and scarce resource of gas which can be used in case the LNG price jumps in the international market, he added. Ghiyas Paracha said that increased import of LNG will help reduce the price of gas without spending a hefty amount on subsidies, it will result in economical gas and electricity which will trigger economic activity providing jobs to hundreds of thousands of unemployed.
