Last Updated on: 26th January 2024, 08:25 am
CNG Price in Pakistan February 2024
Energy prices play a pivotal role in shaping the economic landscape of any country, and Pakistan is no exception. The fluctuating prices of Compressed Natural Gas (CNG) have emerged as a growing concern for consumers and businesses, given their significant impact on transportation costs, industries, and households.
In this article, we will delve into the current state of CNG prices in Pakistan while examining the key factors driving these price fluctuations.
Understanding CNG:
Before we explore CNG prices in Pakistan further, it’s essential to provide a brief definition of CNG. Compressed Natural Gas (CNG) is a clean-burning fuel derived from natural gas, offering environmental benefits and cost savings when compared to traditional gasoline and diesel fuels. It has gained popularity as an alternative fuel choice. 1kg LPG Rate Today
Latest CNG Per KG Rate in Pakistan
CNG rates in Pakistan have experienced substantial fluctuations, with prices ranging from Rs. 143 to Rs. 225 per kilogram across various cities. These fluctuations have sparked discussions and debates among consumers and businesses regarding the factors responsible for these variations in pricing.
| CNG Products Region | Price/Rate (PKR) |
|---|---|
| Sindh | Rs. 225/Kg |
| Potohar Region | Rs. 143/Kg |
| KPK-Khyber Pukhtunkhwa | Rs. 143/Kg |
| Islamabad/Rawalpindi | Rs. 143/Kg |
| Baluchistan | Rs. 192/Kg |
| Punjab | Rs. 225/Kg |
| Gujar Khan | Rs. 143/Kg |
City Wise CNG Price Today:
| Balochistan | KPK | Punjab | Sindh |
|---|---|---|---|
| Awaran | Abbottabad | Attock | Badin |
| Barkhan | Bannu | Bahawalnagar | Daharki |
| Kachhi | Barikot | Bahawalpur | Ghotki |
| Chagai | Batkhela | Chakwal | Hyderabad |
| Chaman | Charsadda | Chichawatni | Jacobabad |
| Dera Bugti | Chitral | Chishtian | Karachi |
| Duki (18) | Dera Ismail Khan | DG Khan | Kashmore |
| Gwadar | Hangu | Faisalabad | Khairpur |
| Harnai | Haripur | Gujranwala | Larkana |
| Hub | Kabal | Gujrat | Mehar |
| Jafarabad | Kohat | Islamabad | Mehrabpur |
| Jhal Magsi | Landi Kotal | Jhang | Mirpur Khas |
| Kalat | Mansehra | Khanewal | Moro |
| Kech | Mardan | Khanpur | Nawabshah |
| Kharan | Mingora | Kot Addu | Pano Akil |
| Kohlu | Nowshera | Lahore | Rohri |
| Khuzdar | Peshawar | Layyah | Sanghar |
| Lasbela | Shabqadar | Liaqatpur | Shahdadkot |
| Ziarat | Swabi | Lodhran | Shikarpur |
| Loralai | Mian Channu | Sukkur | |
| Mastung | Multan | Tando Allahyar | |
| Musakhel | Muzaffargarh | Tando Jam | |
| Nasirabad | Okara | Thatta | |
| Nushki | Rahim Yar Khan | ||
| Qila Abdullah | Rajanpur | ||
| Qila Saifullah | Rawalpindi | ||
| Panjgur | Sadiqabad | ||
| Pishin | Sahiwal | ||
| Quetta | Sargodha | ||
| Sherani | Shorkot | ||
| Sibi | Sialkot | ||
| Sohbatpur | Taunsa Sharif | ||
| Surab | |||
| Washuk | |||
| Zhob |
Factors Influencing CNG Prices:
- Global Natural Gas Supply and Demand: The global supply and demand for natural gas have a profound impact on CNG prices in Pakistan. Disruptions in the supply chain or shifts in global demand can result in significant fluctuations in CNG costs.
- Currency Exchange Rates: Currency exchange rates also play a pivotal role in determining CNG prices in Pakistan, much like petroleum prices. Since imported natural gas costs are typically denominated in foreign currencies, any depreciation in the value of the Pakistani Rupee can lead to higher CNG prices.
- Infrastructure and Transportation Costs: The infrastructure required for transporting CNG from import terminals to retail stations influences CNG pricing. Both the efficiency and costs of the transportation infrastructure contribute to the final retail prices of this fuel source.
Top CNG Providers in Pakistan:
- Gas Linker CNG Station (Multan)
- Star CNG Station (Sialkot)
- Galaxy Fluids (Islamabad)
- Landirenzo (Karachi)
- Go CNG (Multan)
- Askari CNG Station (Multan)
- Mariam CNG Station (Faisalabad)
- Jaleel CNG & Auto Services (Karachi)
- Hascol Petrol and CNG (Gujranwala)
- Moon Rays CNG and Filling Station (Faisalabad)
- PSO (nationwide)
- CNG Hub (Lahore)
- Sky Motors CNG (Karachi)
- Target CNG Station (Karachi)
Check also, the Electricity Price Per Unit in Pakistan
Advantages of Using CNG for Your Vehicles:
When considering CNG as a fuel option for your vehicles, here are some of its advantages:
- Environmental Benefits: CNG offers significant environmental advantages for vehicles. It emits lower levels of harmful pollutants compared to traditional fossil fuels, contributing to cleaner air and reduced greenhouse gas emissions.
- Cost-Effectiveness: CNG is often a more cost-effective choice than gasoline or diesel, making it an appealing option for budget-conscious individuals and businesses.
- Domestic Resource: Pakistan’s substantial natural gas reserves position CNG as a vital domestic resource that can reduce the country’s dependence on imported fuels, ultimately lowering import bills.
Final Thoughts
As CNG prices fluctuate in Pakistan in 2023, it is crucial for both consumers and businesses to closely monitor the factors driving these fluctuations. Regional price disparities, global natural gas dynamics, and government policies all contribute to determining the final cost of CNG. Ensuring long-term price stability for CNG usage and promoting investments in the natural gas sector are essential considerations for policymakers aiming to secure stable CNG prices in Pakistan.