Tuesday, October 8, 2024
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CNG filling stations demand to raise commission by Tk 5.10 per cubic meter

Bangladesh CNG Filling Station & Conversion Workshop Owners Association has demanded to raise the CNG tariff margin by Tk 5.10 per cubic meter to address the hike of power tariff over the years as well as the increase of other supplementary costs in the sector.

“Our CNG filling stations is shutting down one after another as the government yet to address commission margin since 2015,” Bangladesh CNG Filling Station & Conversion Workshop Owners Association president Manoranjan Bhakta said at a view exchange meeting with members of the Forum for Energy Reporters Bangladesh (FERB) at its head office.

He said they have already informed the issues to energy adviser, state minister for power and energy, energy secretary as well as Petrobangla chairman to address the issue.

Talking at the view exchange, Bangladesh CNG Filling Station & Conversion Workshop Owners Association Farhan Noor said the figure of the CNG filling stations comes down to 524 stations from 590 as the sector is enjoying sometime ‘loosing’ and sometime ‘break even’ points.

He added the CNG stations have spent Tk 5.04 as electricity bills to produce per cubic meter of CNG. “So, we have sought the margin in addition of other supplementary costs like dollar rate fluctuation, depreciation of Taka as well as maintenance cost of the machines,” he said.

He said the government will address their logical demand immediately to make the sector sustainable once investment of Tk 4000 crore.

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