Domestic Gas
Pakistan News

Ogra Approves Domestic Gas Price Rise Up To 74.42 Percent

Ogra Approves Domestic Gas Price Rise Up To 74.42 Percent

January 11, 2023 / By Zunair Tahir / Pakistan News


The Oil and Gas Regulatory Authority (Ogra) approved price increases of 74.42 percent and 67.75 percent for the two gas firms Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC).

READ MORE: For Just Rs. 100, You Can Now Travel To Murree

Ogra granted the requests of the two firms, allowing SNGPL to increase its average gas rates by Rs406.28/mmBtu for the current fiscal year and SSGC to boost its average gas rates by Rs469.28/mmBtu.

With effect from July 2022, the two corporations had sought the regulator for increases of Rs1,294.02/mmBtu and Rs667.44/mmBtu, respectively.

The federal government has been informed of Ogra’s decision, and it is obligated to advise the regulatory authority of the minimum charges and selling prices for each category of retail users of natural gas within 40 days for publication in the official gazette.

The federal government must make sure that the selling prices recommended by Ogra do not go below the firms’ required revenue, as assessed by the authority, according to Ogra’s ruling.

It further said that Ogra will notify the pricing determined in case the federal government would not respond within 40 days.


READ MORE NEWS…


2022 CARS (13) 2022 News (22) 2022 Tech News (13) 2024 Car Price In Pakistan (16) apple (25) Apple Inc (15) Automotive Blogs (14) Automotive News (230) Automotive News Pakistan (20) Auto News (152) Auto Sector (12) Blogs (11) car news (26) Car Prices (12) cars (46) cars of pakistan (47) Cricket (12) electric cars (13) entertainment news (15) F1 (23) F1 News (11) Formula 1 (12) Honda (13) Hyundai (12) Imran Khan (19) Imran Khan News (18) mg (14) MG Pakistan (17) new cars (34) news (378) news pakistan (16) News Update (22) pakistan automotive news (11) Pakistan Government (41) Pakistan News (78) PCB (23) proton (13) proton pakistan (15) PTI (22) Sports News (45) suzuki (18) Suzuki Pakistan (11) Tech News (69) Toyota (16) World News (15)

PreviousNext

You Want To Have Your Favorite Car?

We have a big list of modern & classic cars in both used and new categories.

Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Additional information
Click outside to hide the comparison bar
Compare
X