Govt to raise gas prices by 5-7pc
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Dawn News
3 months ago

Govt to raise gas prices by 5-7pc

ISLAMABAD: The government has decided in principle to increase gas prices by 5-7 per cent, involving additional revenue of Rs18 billion to cover losses of the two gas utilities — Sui Southern Gas Company Ltd (SSGCL) and Sui Northern Gas Pipeline Ltd (SNGPL) — with retrospective effect from 2012-13.The forthcoming meeting of the Economic Coordination Committee (ECC) of the Cabinet is expected to issue formal instructions to the Oil and Gas Regulatory Authority (Ogra) to make past adjustments in system losses

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