143% Hike in gas price

[maithil]

https://twitter.com/x/status/1041639759314124801

https://twitter.com/x/status/1041616983983316992

 

[maithil]

https://twitter.com/x/status/1041642336206368768

 

[Peaceful Civilian]

Again fake news and rumours.

 

[Yaseen1]

very bad decision it will promote gas theft more and will ultimately increase poverty and reduce economic growth.

 

[IceCold]

Chutia chutia he rahin ga. Sharing fake tweets. Besides those cursing PTI government should first curse Nawaz government who out of their selfish political goals kept the gas prices same as a result of which the gas department is on the verge of bankruptcy.

 

[Imran Khan]

any gov source of info

 

[Chakar The Great]

Good decision, irrespective of authenticity. I support the idea.

 

[Sugarcane]

Government must not sell gas/electricity below the cost, circular debts created because of this costs more.

 

[koolio]

Well it seems people have very short term memory loss, the status quo parties have sucked the blood out of Pakistan, no money in the treasury, you expect Pakistan to run the way it is, nobody is willing to give Pakistan any more loans to subsidise the cost of Gas.

 

[pin gu]

Can someone kindly tell us that how much your government pays to buy gas from outside and at what price they sell it to you guys?

 

[El Sidd]

No gas from Iran.

And **** you government Baniyas

 

[313ghazi]

Gas price hikes confirmed

Following a meeting of the Economic Coordination Committee (ECC) on Monday, Minister of Petroleum Ghulam Sarwar Khan broke down the increase in gas prices across the country for media personnel.

Flanked by Information Minister Fawad Chaudhry, Khan explained that the government had categorised gas consumers into seven slabs instead of the pre-existing three to spread the impact of the gas price hike progressively.

The first slab, which comprises nearly 38pc of the consumers, groups together people who consume upto 50 cubic metres of gas per month. This category of customers will experience a nearly 10pc increase in gas prices, which the minister illustrated by explaining that the bill for a customer who pays Rs252 per month on average will now rise to Rs275.

The second slab, comprising users who consume up to 100 cubic metres of gas per month, will have to bear an increase of 15pc in prices.

The third slab, comprising users who consume up to 200 cubic metres of gas, will experience a 19pc increase.

"The first three slabs comprise consumers from lower and middle class," Khan said. "They will bear a collective increase of 10-20pc in gas prices in the form of a few rupees."

The price hike for the "upper class", comprising consumers who use up to 300 cubic metres of gas per month, will be 25pc. This 'upper class', Khan explained, formed 16pc of all consumers.

The next category of customers, who use up to 400 cubic metres of gas per month, will have to bear a 30pc increase in gas prices.

The category of customers who use more than 400 cubic metres of gas per month will be slapped with 143pc higher tariffs.

In all, this would help raise Rs94 billion from end users, the minister explained.

https://www.dawn.com/news/1433484/1...s-for-majority-143pc-increase-for-upper-class

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usage based - that's not a bad way of doing it.

 

[RealNapster]

Can someone kindly tell us that how much your government pays to buy gas from outside and at what price they sell it to you guys?

Edit : correction

Government buy gas at around Rs.630 per unit. Thats about 5.5 dollars. And then sell at about Rs.399. Which is about Rs.230 loss per unit i.e; 2 Us dollar. Although its fake news and propaganda against government. But i do hope they increase prices atleast 100%. That will reduce (not finish though) the losses of gas distribution companiese which are BTW on verge of bankruptancy.

Gas price hikes confirmed

Following a meeting of the Economic Coordination Committee (ECC) on Monday, Minister of Petroleum Ghulam Sarwar Khan broke down the increase in gas prices across the country for media personnel.

Flanked by Information Minister Fawad Chaudhry, Khan explained that the government had categorised gas consumers into seven slabs instead of the pre-existing three to spread the impact of the gas price hike progressively.

The first slab, which comprises nearly 38pc of the consumers, groups together people who consume upto 50 cubic metres of gas per month. This category of customers will experience a nearly 10pc increase in gas prices, which the minister illustrated by explaining that the bill for a customer who pays Rs252 per month on average will now rise to Rs275.

The second slab, comprising users who consume up to 100 cubic metres of gas per month, will have to bear an increase of 15pc in prices.

The third slab, comprising users who consume up to 200 cubic metres of gas, will experience a 19pc increase.

"The first three slabs comprise consumers from lower and middle class," Khan said. "They will bear a collective increase of 10-20pc in gas prices in the form of a few rupees."

The price hike for the "upper class", comprising consumers who use up to 300 cubic metres of gas per month, will be 25pc. This 'upper class', Khan explained, formed 16pc of all consumers.

The next category of customers, who use up to 400 cubic metres of gas per month, will have to bear a 30pc increase in gas prices.

The category of customers who use more than 400 cubic metres of gas per month will be slapped with 143pc higher tariffs.

In all, this would help raise Rs94 billion from end users, the minister explained.

https://www.dawn.com/news/1433484/1...s-for-majority-143pc-increase-for-upper-class

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usage based - that's not a bad way of doing it.

And now the victims of stunted growth will say look, 143% increase in gas prices.

 

[HAIDER]

any gov source of info

This guy Dr Umar Farqool sitting on mountain top and sending tweet from there ..................... lol ..what a loser

 

[Thorough Pro]

Gas is a limited natural resource. It costs to explore, drill, generate, filter, and distribute. If you can't afford it, then you can burn wood, coal or kerosene, choice is yours. Stop living on subsidy.