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OGRA recommends 47% hike in gas prices

SAMAA | - Posted: May 17, 2019 | Last Updated: 9 months ago
SAMAA |
Posted: May 17, 2019 | Last Updated: 9 months ago
OGRA recommends 47% hike in gas prices

Photo: AFP

The Oil and Gas Regulatory Authority (OGRA) has recommended an increase of up to 47% in the prices of gas for the next fiscal year.

An OGRA spokesperson said Sui Northern Gas Pipelines Limited had requested the regulator for 144% hike in gas price, whereas Sui Southern Gas Company sought a 30% increase.

He said OGRA has recommended an average of 47% hike in SNGPL system and 28% in SSGC system.

A final decision regarding the increase will be made after approval from the federal government.

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