Oil and Gas regulatory Authority (Ogra) has sent CNG pricing formula to Economic Coordination Committee (ECC), Geo News reported.
Talking to Geo News, Chairman Ogra Saeed Ahmed said according to new formula Rs72.20 per kg and Rs63.76 per kg price of the commodity has been proposed in region–I and II respectively.
He said Ogra had written a letter to secretary petroleum Dr Waqar Masood on Friday for convening meeting of Farooq H Naek committee, adding the secretary wrote to the committee.
Ogra chairman said the new formula has been sent to ECC and the decision on the price would be made in the committee,