CNG could get cheaper at night

#hashtags: #Mahanagar Gas Ltd #CNG #Oman

Mahanagar Gas Ltd, sole supplier of CNG, are seriously considering offering differential pricing for CNG between 10 pm and 6 am. The demand for CNG is not as high as they expected it to be and the facility is being under-utilized.

The drop in fuel prices (30$ a barrel) and decreased price of fuel from Oman has kept the price of petrol and diesel somewhat constant (no drastic change). That and the impression that CNG takes time to tank up and filling up on petrol is easier, have been hindering the sale...