Ogra approves increase in gas prices

Published Dec 01, 2012 08:38am

File photo

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has approved an increase in gas prices for domestic and industrial consumers, DawnNews reported.

The authority approved an increase in price of the Sui Northern Gas Company (SNGPL) by Rs 9.87 per mmbtu and that of Sui Southern Gas Company (SSGC) by Rs 6.14 per mmbtu.

The proposed price of SNG will now be Rs31.12 increase on the existing rate whereas the price of SSG would be raised to Rs 28.28.

The new prices are expected to come into effect from Jan 1, 2013 and are expected to remain as such until the month of June.

Ogra has also okayed the measure enabling SNGPL and SSGC to respectively recover 4.5 per cent and seven per cent of stolen gas from consumers.

Ogra has sent the summary with the above-stated recommendations to the petroleum ministry.

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Comments (4) (Closed)

Ali G
Dec 02, 2012 06:14am
i wonder why the people in general seems to ignore and do nothhing in response to these price hikes...they will keep on increasing the prices of utilities unless we stand up against it!
Arslan Ahmad
Dec 01, 2012 12:13pm
This is gift from Government to peoples of Pakistan.
Dec 01, 2012 10:59am
seems like a last gift for public before elections....
Dec 01, 2012 06:33pm
The energy crises will engulf our beloved Pakistan if long term policies will not be forsighted. We need to be sincere with our motherland even conserving our resources and producing it.