CNG TOPPING UP IN JB

[Friendstar]

Price of CNG gone up

 

IN RECENT months, there was constant news on rising petrol prices, the reason given being escalating oil prices all over the world.

However, I am surprised that the price of compressed natural gas (CNG) has also risen. Before May 1, the price of CNG at Mandai CNG station was $1.18 per kilo, after which it went up to $1.38. Less than two months later, Smart, which runs the Mandai station, has again raised its prices to $1.49. The CNG station ran by SPC at Jalan Buroh fared slightly better, with its prices rising to $1.38 only on June 15.

 

Rising petrol and diesel prices are blamed on rising oil prices around the world, but what is the reason for the recent increase in CNG prices? Are Smart and SPC out to earn more profit now that CNG cars are fast increasing in numbers?

 

Is the Government doing anything to control such price hikes? On the one hand, the government encourages Singaporeans to use CNG cars by offering rebates, but on the other, CNG stations increase their prices whenever petrol prices go up.

 

Perhaps Smart and SPC can clarify their reasons for the increases as I do not recall any news about escalating CNG prices around the world.

 

CNG also UP

 

 

 

 

 

 

Home > ST Forum > Story

July 2, 2008

Price of CNG pegged to that of oil derivative

 

 

AS THE operator of the Gplus CNG pump at SPC Jalan Buroh station, Sembcorp would like to thank Mr David Tan for his feedback last Saturdy on the price increase of compressed natural gas (CNG) ('Why has price of CNG gone up?').

 

CNG is a relatively new fuel for Singapore drivers and the proportion of CNG drivers remains small. As Singapore's first retailer of CNG, we would like more Singaporeans to consider switching to this economical and environmentally friendlier fuel.

 

In view of this, we have worked to keep the price of Gplus CNG affordable. However, the market price of CNG is pegged to the price of high sulphur fuel oil (HSFO), which is a derivative of oil. Over the last six months, the price of HSFO has increased by around 35 per cent, resulting in a corresponding increase in the cost price of CNG. Our company has absorbed the bulk of this increase at our retail outlets at SPC Jalan Buroh and on Jurong Island, and even today, the increase in our pump price of CNG remains significantly lower than the 35 per cent increase.

 

Nonetheless, readers may be interested to know that, even with the adjusted prices, in terms of energy equivalence, Gplus CNG is still roughly 45 per cent cheaper than diesel and almost 60 per cent cheaper than 95-octane petrol.

 

Hence it represents an economical alternative fuel for Singapore drivers.

 

Paul Lim

General Manager

Sembcorp Gas

Edited July 2, 2008 by Friendstar

[Comfy]

everything up up up... except my income..

[Pisces69]

The 3/4 tank full rule will kick in for CNG tank..sooner or later...trust me...you think our MIW stupid meh..you are taking $ out from their pocket you know...just wait and see...it will come..hahaha

=====================

 

Now still only 757 CNG cars so they calculate it's too early to strike cos then wil chase away all the other fish.

 

Wait till the trap is full of fish then they wil shut the door & much more wil b caught in their trap.

 

Obviously it's only a matter of time when got much more pple think "Wah CNG so cheap. I think I will invest in it". Then there is no turning back cos already invested $3 to $4K to install, lan lan must use mah.

 

Then all of a sudden they wil impose a tax on CNG which wil make it so much more than JB CNG so many SG cars wil go there to pump cheap CNG. Then they do the same as what they did to petrol cars. Impose a 3/4 tank rule on CNG too.

 

They will calculate to make it just slightly cheaper to pump in JB compared to pumping in SG.

 

So all the additional $$$ wil again go to our beloved gharmen.

 

Sink-a-pore really CMI so they have to end up sucking the peoples blood in the end. Same story all the time.

Edited July 2, 2008 by Pisces69

[Pisces69]

If I am not wrong, somewhere in MCF, the FC for CNG compared to petrol is lousy leh putting the price factor aside.

 

For the same amt of petrol or CNG, I think petrol will be more FC frenly thus longer mileage.

 

 

Watever it is, I'll seat n watch the show 1st b4 jumping into CNG for my Axio.

========================

 

So u changed to Axio already ah? Last time u say Axio is your frens.

 

Yours is bi-fuel model issit? Or u thinking of installing the CNG kit later?

[Pisces69]

Anyone know the JB CNG kiosk ADDRESS.

At S$6 is a real steal for 300km of driving.

 

Wah drive 300km to pump JB CNG and also have to endure the jam etc. Why wanna become a slave for car???

=======================

 

SG got many slaves to many things. All heavily in debt & struggling to pay of all the instalments each month. Get retrenched & lose everything so no choice but to jump from a high floor.

[Pisces69]

it's dirt cheap!!! tempting !!

======================

 

Wah Cheap cheap then u suddenly appear.

 

U also got CNG car now?

[Nkps]

it's dirt cheap!!! tempting !!

join me lar... me into CNG coming August

[Ccssgm]

everything up up up... except my income..

 

My Income is Up

Not Enough for Breakfast

[Ogima]

hello all,

 

if they can just raise the price of petrol with the snap of a finger....there is no stopping for them to increase the price of CNG, who's having a relative smaller community of cars. what can you do about it !?!

 

LL, i supposed !?!

[Adrianli]

I'm driving a Axio since Feb 2008. Never said it was my fren's. Mine normal petrol driven. My PI dont do CNG.

 

Me just wait and see the situation b4 jumping into the CNG bandwagon.

[Comfy]

bee hoon kosong cost 90 cents now... haven't add stuff yet..

[Ccssgm]

Fried Mee/Bee Hoon

Add Egg and Luncheon Meat $2.00 Coffee 80 cents

Morning Breakfast Near to $3

[Comfy]

i think i moving to JB soon...

[Ccssgm]

Everday Heavy Jam [sweatdrop]

[Comfy]

take motor bike...

[Ccssgm]

Take Motorbike also Jam

Walk Faster Save $$$ and Save TIME

[Comfy]

walk??

[Spikedoll]

it's dirt cheap!!! tempting !!

join me lar... me into CNG coming August

 

I have this feeling CNG in SG also wont be cheap for long.Just now went Kah Motor showroom see car..lemme consider 1st b4 joining your CNG gang

 

油好贵！！