Gas firms seek steep increases

Published
2
A file photo of gas pipelines. — Reuters/File
A file photo of gas pipelines. — Reuters/File

ISLAMABAD: Sui Northern Gas Pipeline Ltd (SNGPL) and Sui Southern Gas Company Ltd (SSGCL) have sought about 21 and 121 per cent increases in the prescribed gas prices, respectively, to meet their revenue requirements for 2026-27.

The SSGCL has also sought previous years’ “unrecovered shortfalls” of over Rs545 billion, which makes its accumulated demand for an increase in the prescribed price a massive 286pc, according to a summary of petitions finalised by the Oil & Gas Regulatory Auth­ority.

Ogra has announced a public hearing on April 22 to consider SSGC request for Rs3,935 per million British thermal units or a 121pc increase in its prescribed price for FY27. It demanded that the existing prescribed price notified by the government at Rs1,777 per unit should be increased to a total of Rs6,855 for FY27 with previous unrecovered shortfalls, thus seeking the total increase of Rs5,078 per unit or 286pc to meet Rs1.28tr requirement.

The hearing on SNGPL’s 21pc or Rs310 per unit hike has been called on April 21. It demanded the existing prescribed price of Rs1,853 be increased to Rs2,162, including the cost of LNG diversion.

It claimed a Rs585bn shortfall, which also included a previous uncovered Rs576bn.

Published in Dawn, April 16th, 2026

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