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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)

Ali G
December 2, 2012 6:14 am
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
December 1, 2012 12:13 pm
This is gift from Government to peoples of Pakistan.
December 1, 2012 10:59 am
seems like a last gift for public before elections....
December 1, 2012 6:33 pm
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.
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