مضمون کا ماخذ : لاٹری جیتنے کے نمبر
OGRA recommends 74% increase in gas prices
The Oil and Gas Regulatory Authority (OGRA) has recommended to increase the tariff for consumers of two sui gas companies by up to 74%, effective from July 2022. According to the recommendation, the Sui Northern Gas Pipelines Ltd (SNGPL) would be allowed to increase gas prices by up to 74.42% and the Sui Southern Gas […]
The Oil and Gas Regulatory Authority (OGRA) has recommended to increase the tariff for consumers of two sui gas companies by up to 74%, effective from July 2022. According to the recommendation, the Sui Northern Gas Pipelines Ltd (SNGPL) would be allowed to increase gas prices by up to 74.42% and the Sui Southern Gas Company (SSGC) by 67.75%. Ogra’s decision will be implemented after the approval of the federal government.
If the federal government does not approve it within 40 days, the decision will be implemented automatically.
According to Ogra’s decision, an increase in gas price of Rs406.28 per mmbtu has been approved for the SNGPL and an increase of Rs469.28 per mmbtu for the SSGC.
The current average price of the SNGPL is Rs545.89 per mmbtu while after the implementation of Ogra’s decision, the new price would be Rs952.17 per mmbtu.
Similarly, the current price of the SSGC is Rs692.63 per mmbtu while the new price would be Rs1,161.91 per mmbtu.
Ogra’s decision will be applied after the approval of the federal government and if the Centre does not approve it within 40 days, the decision will be implemented automatically.
