Greetings to all,
Here is a quick follow up on my first blog "Energy Deregulation in Pakistan". There is a news piece today which claims, "Government agrees on 40% difference in petrol-CNG prices"
LINK: http://www.dawn.com/2011/07/05/govt-agrees-on-40pc-difference-in-petrol-cng-prices.html
Thanks to the Almighty Creator that this government has SOME sense! It is a great relief to hear this news - the oppressed Pakistani nation can finally thank our tyrannical authorities for showing this consideration for us people. We can finally thank them for not snatching away our cheap source of fuel that we and our industries so nonchalantly rely on! I believe that our present government is the most corrupt, most insane and most brutal government of all times, but, and thankfully so, we do have a handful of sane and sensible people even in the present government. Though I have a thought to share on this matter..
CNG is locally regulated and supplied, hence cheaper than petroleum products. Deregulation of CNG prices would have resulted in it becoming equal in cost with petroleum products. However, this policy was disrupted mid-way, and now it has been decided that there will be at least 40% difference in the prices. This implies that the actual cost of CNG (inclusive of government taxes and Sui Gas Company Profits) is 40% lower than Petroleum products. This also means that the government's initial policy regarding CNG price deregulation would have resulted in a profits hike for Sui Gas Company till upto 40% of their sales! 40% of our cost paid would be pure profits! 40% of our cost will go purely in the hands of the Company (or the policy-makers to be more relevant)! Where is our government leading us? Where are we going?! This seems like just another form of loot and plunder! This concludes my thoughts.
May Allah Bless Us All,
Peace.
Here is a quick follow up on my first blog "Energy Deregulation in Pakistan". There is a news piece today which claims, "Government agrees on 40% difference in petrol-CNG prices"
LINK: http://www.dawn.com/2011/07/05/govt-agrees-on-40pc-difference-in-petrol-cng-prices.html
Thanks to the Almighty Creator that this government has SOME sense! It is a great relief to hear this news - the oppressed Pakistani nation can finally thank our tyrannical authorities for showing this consideration for us people. We can finally thank them for not snatching away our cheap source of fuel that we and our industries so nonchalantly rely on! I believe that our present government is the most corrupt, most insane and most brutal government of all times, but, and thankfully so, we do have a handful of sane and sensible people even in the present government. Though I have a thought to share on this matter..
CNG is locally regulated and supplied, hence cheaper than petroleum products. Deregulation of CNG prices would have resulted in it becoming equal in cost with petroleum products. However, this policy was disrupted mid-way, and now it has been decided that there will be at least 40% difference in the prices. This implies that the actual cost of CNG (inclusive of government taxes and Sui Gas Company Profits) is 40% lower than Petroleum products. This also means that the government's initial policy regarding CNG price deregulation would have resulted in a profits hike for Sui Gas Company till upto 40% of their sales! 40% of our cost paid would be pure profits! 40% of our cost will go purely in the hands of the Company (or the policy-makers to be more relevant)! Where is our government leading us? Where are we going?! This seems like just another form of loot and plunder! This concludes my thoughts.
May Allah Bless Us All,
Peace.
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