Tag: Gas prices

Sui Northern asks OGRA for 100% gas price increase

Gas companies have asked OGRA to increase gas prices while Sui Northern Gas Company (SNGC) has asked for a 100% increase. According to the national regulator, the gas companies have asked for an increase in the 2020-21 financial year, which is next year. SNGC has asked for a Rs670.75 increase per MMBTU , taking their rate to Rs1,334.99 per MMBTU. This would result in a Rs290 billion burden on consumers.

Pakistan faces gas shortage as temperature drops

Pakistan is facing gas outages as demand has exceeded supply following an abrupt drop in temperature in different parts of the country. The situation resulted in long queues outside tandoors due to low gas pressure at residences and prompted Karachi-based Sui Southern Gas Company (SSGC) to suddenly suspend supplies to CNG fuel stations in Sindh and Balochistan to keep supplies to households normal on Tuesday. 

OGRA approves increase in gas prices from 2020

Oil and Gas Regulatory Authority (OGRA) is ready to increase gas prices for the first half of 2020 in order to meet the revenue shortfall. People have already experienced an increase in petrol and gas prices several times till now and once again the domestic users will incur an increase of 191 paisas while for the commercial users there will be a hike of 31 paisas.