SNGPL, SSGC Seek Major Gas Price Hike in Pakistan

Date:

Web Desk – Islamabad, Pakistan’s two major gas utilities, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), have formally submitted applications to the Oil and Gas Regulatory Authority (OGRA) seeking significant increases in gas tariffs for the upcoming fiscal year.

According to details, SSGC has requested an average increase of Rs5,306 in gas prices, while SNGPL has proposed an increase of Rs29 per MMBTU. The companies have also included adjustments related to previous revenue shortfalls in their submissions.

Collectively, the proposals estimate a financial impact of approximately Rs1,650 billion, covering both the upcoming fiscal requirements and past sectoral deficits.

The tariff revision requests come at a time when Pakistan continues to face energy sector challenges, including rising import costs, supply-demand gaps, and circular debt pressures.

OGRA is expected to review the proposals before making a decision on potential adjustments to gas prices for consumers nationwide.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Mir Raza’s parents face pressure, commission told

Counsel Jibran Nasir alleges a late-night call was made...

PIMS inquiry finds systematic institutional failures behind fire that killed 14 newborns

Inquiry says an electrical fault in an AC supply...

Pakistan Mulls 4-Day Workweek, 3-Day Break Amid Petroleum Crisis

Pakistan Mulls 4-Day Workweek, 3-Day Break Amid Petroleum Crisis ISLAMABAD,...

Iran issues defence directive vovering ceasefire, war and post-war scenarios

Saudi-led coalition says attacks targeted Khamis Mushait, Abha and...