Bulletin Updates
CGD expansion: Where is the subsidized gas going to come from? – 30 Jun 2021
Jun 30, 2021
The CGD segment, as it expands, will need a larger quantum of subsidized domestic gas.
Because of the fact that gas is highly subsidized, CNG prices are pegged significantly below the cost of other transportation fuels
But the possibility of the subsidy disappearing or of this subsidized domestic price going up is quite high in the future
Also, when the CGD segment expands, as it is likely to, where will the extra subsidized gas going to come from
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