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OGRA recommends up to 47% increase in gas prices
By News Desk
Published: May 17, 2019
The Oil and Gas Regulatory Authority (Ogra) recommended on Friday a surge in gas prices by up to 47% for the next fiscal year.
Quoting Ogra spokesperson, Express News reported that gas utility companies i.e. the Sui Northern Gas Company Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) had suggested a rise in gas prices by 144% and 30% respectively.
In view of the petitions, Ogra determined a 47% increase for the consumers of SNGPL and 27% for those of SSGCL, said the spokesperson.
The tariff increase, however, is subject to approval by the federal government.
While Punjab and Khyber-Pakhtunkhwa fall in the ambit of SNGPL, Sindh and Balochistan come under SSGCL.
Last year in September, the government notified up to 143% increase in prices of natural gas sold by public utilities to different types of retail consumers.
https://tribune.com.pk/story/1975322/1-ogra-recommends-47-increase-gas-prices/
By News Desk
Published: May 17, 2019
The Oil and Gas Regulatory Authority (Ogra) recommended on Friday a surge in gas prices by up to 47% for the next fiscal year.
Quoting Ogra spokesperson, Express News reported that gas utility companies i.e. the Sui Northern Gas Company Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) had suggested a rise in gas prices by 144% and 30% respectively.
In view of the petitions, Ogra determined a 47% increase for the consumers of SNGPL and 27% for those of SSGCL, said the spokesperson.
The tariff increase, however, is subject to approval by the federal government.
While Punjab and Khyber-Pakhtunkhwa fall in the ambit of SNGPL, Sindh and Balochistan come under SSGCL.
Last year in September, the government notified up to 143% increase in prices of natural gas sold by public utilities to different types of retail consumers.
https://tribune.com.pk/story/1975322/1-ogra-recommends-47-increase-gas-prices/