Punjab cuts CNG prices by Rs530 per kg

LAHORE: Compressed Natural Gas (CNG) prices in Punjab have been slashed by Rs5.30 per kilogram.The new price will be applicable on the pumping stations running on Liquefied Natural Gas (LNG).The CNG will be available at Rs41.90 per kg and the new prices will be effective from tomorrow (Wednesday).Sources said the price of CNG is cut following the dialogues between CNG Association and Sui Northern Gas Company officials.This is the lowest price of CNG over the past eight years, the sources added.