AGL40▲ 0 (0.00%)AIRLINK129.06▼ -0.47 (0.00%)BOP6.75▲ 0.07 (0.01%)CNERGY4.49▼ -0.14 (-0.03%)DCL8.55▼ -0.39 (-0.04%)DFML40.82▼ -0.87 (-0.02%)DGKC80.96▼ -2.81 (-0.03%)FCCL32.77▲ 0 (0.00%)FFBL74.43▼ -1.04 (-0.01%)FFL11.74▲ 0.27 (0.02%)HUBC109.58▼ -0.97 (-0.01%)HUMNL13.75▼ -0.81 (-0.06%)KEL5.31▼ -0.08 (-0.01%)KOSM7.72▼ -0.68 (-0.08%)MLCF38.6▼ -1.19 (-0.03%)NBP63.51▲ 3.22 (0.05%)OGDC194.69▼ -4.97 (-0.02%)PAEL25.71▼ -0.94 (-0.04%)PIBTL7.39▼ -0.27 (-0.04%)PPL155.45▼ -2.47 (-0.02%)PRL25.79▼ -0.94 (-0.04%)PTC17.5▼ -0.96 (-0.05%)SEARL78.65▼ -3.79 (-0.05%)TELE7.86▼ -0.45 (-0.05%)TOMCL33.73▼ -0.78 (-0.02%)TPLP8.4▼ -0.66 (-0.07%)TREET16.27▼ -1.2 (-0.07%)TRG58.22▼ -3.1 (-0.05%)UNITY27.49▲ 0.06 (0.00%)WTL1.39▲ 0.01 (0.01%)

Saturday, November 23, 2024

Home Top News 50pc hike in natural gas prices

50pc hike in natural gas prices

by News desk
June 3, 2023
in Top News

[tta_listen_btn]

The Oil and Gas Regulatory Authority on Friday determined up to 50 percent increase in the prescribed prices of natural gas for the fiscal year 2023-24 to meet revenue requirements of the two gas utilities — SNGPL and SSGC.

According to a notification, the regulatory authority determined the revenue requirements of Sui gas companies for fiscal year 2023-24, increasing the average per MMBTU price for SNGPL and SSGC by 50% and 45% respectively.

The average prescribed price per MMBTU of gas is recommended as Rs1238.68 and the increase in price per MMBTU is Rs415.11 with an increase percentage of 50 percent for SNGPL