Intraco Refueling Station Limited, a concern of Intraco Group, announced today that it will cease operating its compressed natural gas (CNG) station starting in the first week of March this year.

The company stated that Intraco Automobiles Ltd has completed its lease tenure with the station's landowner and has chosen not to continue operations.

Additionally, in a board meeting held on February 27, the company decided to transfer all investments with Intraco Automobiles to its non-piped gas line unit in Bhola.

Intraco shared this information in a posting on the Dhaka Stock Exchange website today.